How to Create 4,800,000 Jobs, Right Now
By Kevin Donlin | November 25th, 2008
Here’s a quote from the latest “No B.S. Marketing Letter” by Dan Kennedy that ought to make you think, whether you agree or not:
Give or take, depending on definition, there are 24 million small businesses in America, and 17,000 large companies.
The large companies are over-stored, over-officed, and over-staffed …. even if they stayed at full employment and each added 10 new employees, it’s only 170,000 new jobs.
Of the 24 million small businesses, if only 20% of them, run by growth- and expansion-minded entrepreneurs, added one new employee, 4.8 million new jobs are instantly created.
One of Obama’s stated goals is to add 5 million new jobs over 10 years by creating government jobs through work on infrastructure … and subsidizing “green technology” jobs.
All unnecessary. Just get out of small business’ way.
That’s way too simple, isn’t it?
Especially because such a grass-roots, growth-driven solution to unemployment comes from the ground up. It isn’t handed down in the form of a 5,000-page report from a Senate subcommittee. Nor does it come with a $10-billion price tag for taxpayers.
Taxing businesses to raise revenues to create jobs is like chopping the limbs off an apple tree, feeding the wood into a chipper, putting the chips in a compost pile for 6 months, using the compost as fertilizer to feed the tree, to … create apples.
If you want apples, why not feed the tree and get out of the way?
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