Former Massachusetts Governor Mitt Romney wants to run on his business record. The private capital portion of his resume gives his candidacy the outsider allure that many voters are looking for in their next President.
In Bain Capital, Romney helped start firms as well as transition them into different phases of development, or help them close down. Capitalism requires creative destruction, an economic reality and benefit, yet a political liability for any candidate seeking to convince prospective voters that he would create jobs instead of destroy them.
Unfortunately for many unwary voters, the President does not create jobs. A free market based on supply and demand, free of government intervention, is better positioned to create jobs. The best that the state can offer is a sound infrastructure and then free passage.
In short, government needs to make a way for capital investment, and then make way as free enterprise steps in, sets up, and expands.
Former Utah Governor Jon Huntsman countered immediately when Romney stated that he liked firing people who provide services for him. In the context of the statement, Romney was explaining that individuals should have the right and freedom to buy or drop health insurance from a variety of insurance companies. Huntsman presumes poorly that he "enjoys creating jobs." This trite political nicety is forever flawed in the proper scope of economic debate.
Senator Rand Paul has declared unequivocally that it is not the job of government to provide the American people with jobs. Less government, fewer bureaucrats, less red tape, and business investment would rise. The decline of unemployment would quickly follow.
A fired-up conservative opposition is welcome in the final hours before the last votes are cast in the Granite State. However, voters across the country must remember that the only level-headed candidate who respects the grandeur and the energy of the free market to recover this anemic economy is Congressman Ron Paul. So far, he has established for himself a decent and growing second-place constituency in the New Hampshire, which can propel him to greater victory in South Carolina and Florida.
No comments:
Post a Comment