Saturday, March 27, 2004

No way....10,000,000 jobs

IN AN ECONOMIC speech yesterday, Sen. John F. Kerry (D-Mass.) declared he would create 10 million jobs in his first term as president and offered a reform of corporate taxes as a tool to reach that end. It is true that job creation in the long run could be improved by better tax policy and particularly by reforms that simplify the tax code. But Mr. Kerry proposed a different reform, one that would remove the bias in the tax code in favor of creating jobs offshore. "We now have a tax code that has American taxpayers paying to ship jobs overseas. That makes no sense," the candidate declared.

There are not even 10 million jobs in the US right now. If the economy created 2 million jobs then we would be at full employment. The only way to create 10 million jobs is to get rid of the 10 to 15 million illegal immigrants we have in the US right now. No one really thinks that is possible. Although it would create jobs for all the people looking for them.

Kerry is a moron. I really don't believe that he said this, but it is staring me right in the face.


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