From Pennsylvania, a Not-Positive View of the Jobs Forum

By December 3, 2009Economy, Trade

And of government’s role in the economy more generally, and since it comes from David N. Taylor, executive director of the Pennsylvania Manufacturers Association, that is, an alliance of jobs creators, it’s a view worth paying attention to. David regards today’s White House forum as “a dog-and-pony show.”

More from The Daily Item of Sudbury, Pa., and its report, “Job summit splits economists and business executives“:

“The government does not create wealth. The government does not create jobs,” Taylor said. “The government’s role is to allow the energy and the initiative of the American people to emerge in the marketplace. That’s where wealth is created. That’s where jobs come from.”

He said the execution of Obama’s $787 billion economic stimulus bill and attempts at regulatory reform through cap-and-trade and card-check legislation will further burden the country’s manufacturing sector, already crippled by a trade deficit with China.

“Obama went to China and made absolutely no progress on the chronic trade deficit and the imbalance we have with China,” Taylor said. “We are not going to see robust growth until our trade situation has improved.”

(Hat tip: John Hood of the John Locke Foundation, a free-market think tank in North Carolina)

Leave a Reply