Quote from Ricter:
I owe you an answer here, but have been extra busy.
I believe gov't can not only create jobs, it can create entire industries. Sometimes private capital is reluctant and unorganized. Large scale R&D come to mind, particularly that stemming from military pursuits.
Of course, you're right, the gov't can tax people right out of business, but so can private capital (we don't call it a "tax", though. Accumulation, flight, union busting, etc.) Both entities use force to accomplish their ends, if they don't already have our agreement. At any rate, these days, thanks to the revolving door, I'm not drawing so bright a line between those two entities.
Taxes are essentially a function of sales. No sales, no taxes, except for certain quantized elements. At this time, in this place, business taxes are a non-issue.
I'm all for eliminating free-riders, I refer to your "bloated gov't give aways", but I want them eliminated at both ends of the economic spectrum. I suspect you do, too.
you are correct - govt can create... which is why I wish obama stuck to his promise about infrastructure instead of porkulus.
Qualcomm and lots of other tech jobs in San Diego spun off from the military.
I guess my problem is with the govt is currently aligned. Its also why I would like to see taxes go down and tariffs go up.
But, I do believe taxes and regulation kill job creation in CA right now.