Saturday, November 22, 2008

2.5 Million Jobs - Who actually creates them

It is being reported today that Obama is claiming that he will create 2.5 million jobs.

Really? I did not know that Presidents actually ran a business that created jobs, well other than giving their cronies government jobs.

It takes years in most cases for economic policies to have an actual effect on the economy and the creation of jobs is much more complicated. Then there are certain policies which can lead to the destruction of jobs or loss of jobs in an area.

We all know that no matter what the actual results are, or what the causation may be, Obama nonetheless will take credit for any jobs that are created, even though he will not be the one actually doing the work.

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