And they’d be right. Because when the nation’s fiscal future is more secure, and when the government is less involved in the private sector, you encourage investment and corporate expansion. You also reduce the need for taxes, freeing up money to be spent or invested in the market.
Look at Texas. The state has focused on cutting spending, balancing the budget, and eliminating government waste. The end result? About half of all jobs created in the United States in the past two years have been created in Texas. The one state alone.
Do you think large cuts in federal spending would do more to (create jobs) or do more to (cut jobs) in this country?
Create jobs – 47% (+6)
Cut jobs – 44% (-1)
Dave Wiegel laments that Keynesian policies are losing support. Oh well. That’s what happens when you fail to create any significant number of jobs for years — after spending trillions of dollars. Failed policies result in falling support. That’s nothing new.


by Stephan Tawney on July 21, 2011