“Creative policies” don’t create jobs. Creative policies usually interfere with job creation. We’ve seen that clearly enough in this administration.
McMahon (in a shorter amount of time) describes how jobs get created, but also consider the role of government in the process. Government has no direct role in the process. Government has a role in creating an environment in which entrepreneurs can create jobs by doing the following:
- securing a stable, predictable market without bias or tilt
- with a reliable rule of law rather than arbitrary interventions for preconceived outcomes
- utilizing a tax policy that encourages people to keep the fruit of their labor and investments to the greatest degree possible.
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