What Creates Jobs?

One way to create jobs is to give workers shovels instead of backhoes — or even spoons. Another way is to ban computers, or farm machinery. None of these are good options. A better way to create jobs is to make it easier to create wealth.

That means repealing regulations that make it expensive to hire new workers. That also means cutting deficit spending that crowds out scarce investment capital that businesses need to grow, and to hire. This new video from Cato makes that point very effectively (click here if the embed doesn’t work).

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