If
politicians created all of the jobs that they claim, the country
would have a labor shortage. Let's say a company moves its
headquarters from Alabama to Idaho, Idaho politicians will claim to
have created 500 jobs. Good for Idaho, but bad for Alabama, which
has lost 500 jobs. All that has happened is that the furniture has
been moved.
It's
the same thing in the private sector. A company wants to increase
market share. Management has an idea, it hires a fancy consultant,
whatever. The idea works, they increase market share, they hire new
workers to handle the increased business. But their competitors have
lost business and have to lay off workers. Then net result is a wash.
People
who develop new products and services create jobs. Thomas Edison and
Steve Jobs created jobs. Warren Buffet and Mitt Romney are merely
interior decorators.
