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STOSSEL: Real jobs come from real people
Inefficiency dooms government efforts to boost employment
“I did the little things. … We had one guy that was 7‘6” and he was sitting in the same chair as a guy that’s 5‘8”. So we had a guy design chairs that went up and down.”
Those “little things” made a difference. Mr. Cuban worked hard to find them. Governments rarely do that.
In fact, today government destroys jobs by constantly passing new rules. For a Fox News TV special, “No, They Can’t!” we interviewed Ed Land, who owns a small farm in South Carolina. He said today’s regulations create such a financial burden that he can’t expand. He could hire 10 more people, he said, were it not for government’s incomprehensible rules.
“The entrepreneurs, give us a chance. Get out of our way and leave us alone, and we can create all the jobs,” Mr. Land said.
But government doesn’t leave anyone alone. Mr. Cuban says the bureaucrats have added so many taxes and regulations that it would be difficult for him to create today the thousands of jobs he once created.
“Now there’s so much paperwork and regulation, so many things that you have to sign up for that you have a better chance of getting in trouble than you do of being successful. … Come on, guys. You know, you want people to start business. Why make it so hard?”
It’s a good question.
John Stossel is host of “Stossel” on Fox Business Network. His new book is “No, They Can’t! Why Governments Fail, but Individuals Succeed” (Threshold Editions, 2012).
By Donald Lambro
Growth spikes are little more than trend-free anomalies
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