By: Anna O'Neill Many Americans are eager to support government proposals when they claim to create jobs. Voters quickly become supportive of even unnecessary projects when politicians mention job creation. What they do not realize is that the labor required to implement these projects is a cost not a benefit, and should be viewed as such. Mindlessly creating jobs does not ultimately lead to creating wealth. The general public is so focused on correcting unemployment statistics that they often forget to consider real economic progress. Enacting government programs in order to create jobs goes against the natural tendencies of the market and curtails efficiency. Instead of allowing the wage market to encourage employers to seek to reduce the number of laborers and choose to hire only the most efficient individuals in order to reduce expenses, the focus on promoting employment, instead of progress, neglects to create real wealth. When the wage market is tampered with, individuals are underemployed in the government sector for the sake of raising employment rates. When left to flourish, the market seeks to place individuals into the private sector as more productive workers. It is commonly believed that the best way to repair a broken economy is to quickly place people into jobs. This philosophy clumsily forgets that creating jobs does not necessarily bring about economic progress. A full article about the dangers of seeking wealth through unnecessary job creation can be read here.
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