Well, as cited above, Krugman?s wrong about the jobs number. The household survey has our economy at 138 million jobs today -- right where we were supposed to be. He?s getting his number by using the less reliable payroll survey, which has been presenting a gloomier jobs picture for some time.
As far as blaming the president for a ?jobs gap,? well, that assumes there?s a magic button somewhere that the president can push to instantly create jobs. There isn?t.
Now, the government could increase short-term employment by launching some make-work building programs or by increasing the size of the federal government even further. But this won?t create jobs. It?s sort of like diverting water from farmland and using it to make concrete. Yes, you?ll create a few jobs building a road. But you?ll lose all the produce that would have grown on the farm.
Our economy is strong and improving every month. The president can speed that growth by plucking out some of the weeds that still exist. That means repealing excessive government regulations and eliminating the double taxation of savings.
By staying the low-tax course and making the cuts permanent, the government can ensure a good jobs harvest -- and healthy growth -- for years to come.
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