My article as originally published in American Thinker:
Hillary Clinton may be an economic ignoramus for saying, “Don’t let anybody tell you its corporations and businesses that create jobs.” In fact, Daniel Greenfield does a wonderful job dismembering her so-called wisdom in his piece at Frontpage Mag. But I’m not thoroughly convinced anyone could be so dim-witted as to truly believe such malarkey (except for maybe Elizabeth Warren), so perhaps the “world’s smartest woman” deserves the benefit of the doubt on this one?
I know she’s now attempting to walk back her remarks but I just don’t buy it. So could it be that the woman who had her presidency stolen from her in 2008 was instead just taking a subtle jab at President Obama’s economic policy? After all, given six years of Obama’s “fundamental change,” there are clearly some elements of truth to her claim.
As is the case with the multitude of half-truths the Left presents as facts, proper context is required here too. And within the context of the following, Hillary is absolutely correct in her assertion:
Corporations and businesses don’t create jobs when they see companies nationalized or contract law thrown out as was done during the whole GM and Chrysler debacle.
Corporations and businesses don’t create jobs when they are burdened with the highest corporate tax rates in the world.
Corporations and businesses don’t create jobs when government unleashes thousands of pages of costly new regulations upon a stagnant overregulated economy.
Corporations and businesses don’t create jobs when they witness a President use his pen and his phone as a Constitution-killing weapon of mass destruction.
Corporations and businesses don’t create jobs when they learn that an administration was willing to use the IRS to punish its political enemies.
Corporations and businesses don’t create jobs when a President threatens to put an industry (such as the coal industry) out of business.
Corporations and businesses don’t create jobs when money is extracted from them and given to crony companies such as Solyndra.
Corporations and businesses don’t create jobs when they watch the government take control of 1/6th of the U.S. economy via the healthcare industry and then can’t even build a simple website.
Corporations and businesses didn’t create jobs just because a President arbitrarily decided that 2010 was to be the summer of recovery.
Corporations and businesses clearly aren’t creating jobs which may explain why the labor participation rate is at a 36-year low in spite of government’s historically massive “stimulus” and money-printing programs — the vary things that Hillary thinks create jobs.
Businesses do however create jobs in a free market protected by the stable rule of law under a more limited government, like they did during the “era of big government is over” economy that Bill Clinton inherited from President Ronald Reagan.
Corporations and businesses most certainly do create the jobs. They just don’t do it when they’re terrified by an anti-business tyrant such as President Obama. I wonder what Hillary Clinton would do to make sure “corporations and businesses don’t create jobs” if elected President in 2016?