Today, according to its website, Apple has 70,000 employees worldwide, of which 47,000 are in the U.S. The company estimates that 514,000 jobs have been created as result of employment at Apple, at companies supported by Apple, and the economy created by Apple products.
Suppose, when Jobs revamped and shrunk Apple’s product line, he needed employees to vote in order to get rid of each product? It, of course, would have been impossible.
But this is what we have when government goes where it doesn’t belong - getting into businesses like providing retirement services, health care, housing, and education. Even if programs work for a while, times inevitably change. Businesses can adjust. Government can’t. Changing Social Security, Medicare, Medicaid, public education, and government housing policy today is about politics, not good economic decisions.
So we’re stuck pouring billions we don’t have into programs that don’t work.
Capitalism is not about being “on your own” as we hear so often from liberals. It’s about entrepreneurs, like Steve Jobs, being free to create prosperity by serving their fellow citizens with innovative ideas and products.
And it’s about government doing its proper job – protecting life and property – so this can happen.