In a joint op-ed with the British prime minister, President Obama admits that jobs are created by an innovative private sector. So why is he strangling ours with regulations, rules and taxes?
The boy knows nothing about wealth creation, but he’s a firm believer in wealth reallocation. But wait! There is even more data that exposes how Obama is really a true jobs and innovation killer:
According to a report by Ohio State University economists Tim Conley and Bill Dupor titled “The American Recovery and Reinvestment Act: Public Sector Jobs Saved, Private Sector Jobs Forestalled,” the 2009 stimulus created or saved 450,000 state and local government jobs while destroying or forestalling a million private sector jobs. That’s a net loss of half a million jobs.