What to do about unemployment?

What to do about unemployment?
The “unemployed” in America are made up of two groups, i.e., those who have recently been laid off and are looking for a job are counted in the “unemployment rate.” If a person is working part-time and wants a full-time job or if he has given up looking for a job, he is counted in the group called “underemployed.”
In the U.S. today, the unemployed count up to 10% of the population of working age people. The underemployed count for another 17% of working age people. These figures are terrible. The unemployment rate has more than doubled since the recession began in December 2007, when it stood at 4.9 percent. In addition, the underemployment rate has jumped to 17.2 percent from 8.7 percent. In November, the economy shed another 11,000 jobs, so the situation still seems to be exacerbating. Even with the 11,000 jobs lost, the official unemployment rate in November dropped from 10.3% of the work force to 10%--people moving from the “unemployed” status to the “underemployed” category must have caused this paradoxical drop in the unemployment rate.
The government seems to think that more government spending will remedy this poor employment situation; and it is considering spending lots of money collected from taxation to create more jobs. Many economists doubt this will be effective. Taking money out of the economy by taxation only expands government programs; it is unlikely to create more jobs. The way jobs are to be created is to decrease taxes and let the private sector invest that money in factories and businesses that have the capacity to really create new jobs.

The “unemployed” in America are made up of two groups, i.e., those who have recently been laid off and are looking for a job are counted in the “unemployment rate.” If a person is working part-time and wants a full-time job or if he has given up looking for a job, he is counted in the group called “underemployed.”
In the U.S. today, the unemployed count up to 10% of the population of working age people. The underemployed count for another 17% of working age people. These figures are terrible. The unemployment rate has more than doubled since the recession began in December 2007, when it stood at 4.9 percent. In addition, the underemployment rate has jumped to 17.2 percent from 8.7 percent. In November, the economy shed another 11,000 jobs, so the situation still seems to be exacerbating. Even with the 11,000 jobs lost, the official unemployment rate in November dropped from 10.3% of the work force to 10%--people moving from the “unemployed” status to the “underemployed” category must have caused this paradoxical drop in the unemployment rate.
The government seems to think that more government spending will remedy this poor employment situation; and it is considering spending lots of money collected from taxation to create more jobs. Many economists doubt this will be effective. Taking money out of the economy by taxation only expands government programs; it is unlikely to create more jobs. The way jobs are to be created is to decrease taxes and let the private sector invest that money in factories and businesses that have the capacity to really create new jobs.

Where does Natural Law come from?

"Is it possible that there is no Natural Law and man can know moral order and unalienable rights from his own reasoning, unaided by the supernatural or God? There are, of course, those who argue this case--including the atheist and others who attempt to distinguish Natural Law from Divine Providence. It is not the view adopted by the founders of America. This position would, it seems, lead man to arbitrarily create his own morality and rights--right and wrong, just and unjust, good and bad, would be relative concepts susceptible to circumstantial applications. Moreover, by what justification would 'Life, Liberty, and the pursuit of Happiness' be 'unalienable Rights' if there is no Natural Law, since reason alone cannot make them inviolable? What then is Natural Law if its origin is unknown or rejected? it is nothing more than a human construct. An individual may benefit from the moral order and unalienable rights around which society functions while rejecting their Divine origin. But the civil society cannot organize itself that way. It would become unstable and vulnerable to anarchy and tyranny, imperiling all whthin it, especially the individual. The abandonment of Natural Law is the adoption of tyranny in one form or another, because there is no humane or benevolent alternative to Natural Law." Mark Levin Liberty and Tyranny 2009 Page 26.

Let's not kid ourselves. Government "give aways" do not help.

Our traditional American freedoms are being erroded day by day in favor of more and more control by the government--of this, hardlly anyone can disagree. America was deluded into thinking that this errosion was for our own good. We should have remembered that during the 1930's Adolph Hitler was swept into office in Germany by promises of "hope and change," as he put it. Does this sound familiar?

The statists who propose this gradual errosion do it in the name of equality, i.e., equal outcomes and uniform distribution of wealth and property. However, they do not realize that constructive equality consists in equal opportunity to work, live freely under self-government, acquire property, and to be represented fairly under the law. All of the proposed equalization at the hands of the statist is to be done by more and more government regulation--regulations that eventually result in tyranny.

The statist thinks that he can accomplish all this equalization by taking money away from investors in the form of taxes and investing that money, as only he knows how, in government projects. What the statist does not realize is that his money does not improve things because it delets dollars from the bank accounts of the investors who would otherwise use it to increase productivity with their capitalizations.

Statists should look at Europe if they think that their government monies will increase employment. The socialized governments of Europe routinely run levels of unemployment in excess of 10%. The reason for this high unemployment rate is that people will not work if the government will just give them the things they want; and if there is no capital to purchase factory equipment and other tools of commerce, then no jobs will be created.

We, Americans, need to go back to the old principles upon which our country was founded. We need to trust more in the industry and productivity of motivated and dignified individuals. We need to give up this illusion that the government knows best what we need in order to prosper.