Thursday, November 4, 2010

Daniel Henninger: Unlock the American Economy - WSJ.com

A SIMPLE ECONOMIC PRO-JOBS MODEL:Daniel Henninger: Unlock the American Economy - WSJ.com

Right on - and, perhaps a suggestion for an even clearer focus - is to say jobs are number one and for them to be number one, the US has to make itself the best place in the world to locate and grow a business.

This means unequivocally that social programs come second - not first. They get funded out of what's left, not what there is to take!

Whether one thinks of the farmer that knows he has to save 10% of his crop to provide the seed for the next crop (and to grow needs to save maybe 12% or more);

Or, one thinks of the employer who has lots of itinerant family members who have their hands out and would like to be 'given' some money before the employer pays his own workers and consultants,

These are the models we need - save and grow and pay producers first!

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