Thursday, December 03, 2009

12-3-2009 - Pence Discusses Republican Economic Roundtable on CNBC

Pense talking sense on Jobs.

Also, Gary Andres compares Texas and California over at The Weekly Standard,
Texas, on the other hand, with its more entrepreneurial political culture, created 70 percent of the new jobs in the United States in 2008, according to the Trends article. Think about it, one state created 7 out of 10 jobs!

The White House jobs summit is a public relations gambit, not a serious employment generator. In fairness to the president, he has to do something. This is the Obama equivalent of the infamous George H. W. Bush line: "Message: I care." But the real problem is one of cognitive dissonance for the entrepreneur.

While Obama says he wants to create jobs, his interest group allies stand in the way. Jobs producers need litigation reform (the trial bar opposes it); they seek lower taxes (public employee unions don't); they want streamlined environmental regulations (environmental interest groups say no).

"Go West Young Man," a Terre Haute Express editorial wrote in 1851. That's still good advice today for a president seeking a jobs agenda. But he ought to stop at Texas.
Texas created seven out of ten jobs in America during 2008. That's an astounding statistic.

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