This is the first in a series of posts in which I will repost the contents of Jeff Barnett’s ISSUES page and deconstruct what he says.

The first topic is Create Jobs:

Our thirty-year incumbent Congressman has a terrible record on job creation. In 2009 he voted against a bill that created 1.4 to 3.3 million jobs. Just this year, he voted against a bill that will reduce the deficit and save the jobs of hundreds of thousands of teachers, police officers, and firemen around the country, including thousands here in Virginia.

Of course, the “created 1.4 to 3.3 million jobs” claim is pure speculation.  Nothing is said about where the money came from.  If it was taken in taxes, then it was taken from those who would invest it or spend it.  That side of the equation is not addressed at all.  How many jobs were lost because that money was not available in the private sector?

That Barnett cites Blue Virginia is a complete joke.  Then ban anyone who disagrees with them, because they cannot argue from logic.  They claim that the bill would provide $540M to Virginia.  OK, but the Education Jobs Fund costs $23B.  So Virginia would get about 2.35% of the money.  But Virginia has 2.56% of the country’s population.  And since we also have the 6th highest per capita income, we get taxed at higher rates than does the nation as a whole.  Get taxed (or indebted) to the tune of $600M to get $540M in benefits — nevermind the wasteful federal bureaucracy required to administer the program?  No thanks.

Virginia can’t afford a Congressman who stands in the way of job creation. That’s why I have put together a comprehensive series of short term, mid term, and long term initiatives to create jobs.

In the short term, we must help small business, the #1 source of new jobs.
How do we do this?

  • Give small business and the self-employed the same healthcare rates as big corporations.
  • How does the federal government give what it does not have? By taking it from someone who has it. Since the federal government does not have control of insurance premiums, it will have to take that control from the insurance companies.

  • Help small banks; they extend credit to small business to invest and hire
  • Why do small banks need help? Perhaps just getting off their backs, and not threatening them with discrimination lawsuits if they don’t give loans to those who cannot afford them would help.

  • End today’s overwhelming focus on large omnibus government contracts. Allow small companies to really compete with big corporations.
  • Here, I think he may be onto something. However, the reason the government likes large omnibus contracts is that they reduce government overhead.

    In the mid term we need to build for the future. Public/private partnerships are the key. The internet, genetic drugs, commercial jet aircraft — all started with government “seed” money. Private entrepreneurs took government programs and spun-off world-class commercial industries. Their spin-offs created next-generation jobs. The secret is to work with government agencies and technological innovators. As your Congressman, I will initially focus on green jobs and the IT/Intelligence Community. Both have huge upsides. Both are ideal for the 10th Congressional District.

    I know how this works. I did it when I was in business as a corporate advisor. I wrote about it in my first book. Bottom line: I know how to create 21st Century Jobs.

    He also has some good ideas here. Much good has come from public/private partnerships. I’m all for spending money on basic research. It is very difficult for the States to come up with the capital to invest in such projects, and in the aggregate they do benefit the States generally, and thus qualify as legitimate spending under the General Welfare clause.

    In the long term, we need to build life-long education and training for workers displaced by continuing waves of new technology. The era where a person can graduate from college at 22 and spend forty years at the same company is over. We need the ability to continually go back to school to learn the skills needed to succeed in our constantly changing economy.

    School does not teach up-to-date skills. They cannot. By the time it gets to be taught in schools, it’s several years old. Anyone with a professional education should already be keeping his skills up to date. If he is not, he has only himself to blame. Furthermore, who do they tax the most? College grads. (They make more, so they get taxed at higher rates.) So, Barnett’s plan is to take money from the college grads, to give it to the college grads. Naturally, some of this will be siphoned off to support the useless bureaucrats who implement this circular transfer of money. Brilliant.