Trevor Dailey's Weblog

As I looked through the latest Job Market Trends and News, I noticed the same old trends and news. So far, for the month of April, the government (Federal, Provincial, or Municipal) has spent hundreds of millions of dollars of tax money to 'create jobs'. Tax money 'job creation' is 62% of the total. Let me give my view of what government 'job creation' really is.

Suppose you are looking for a job (like I am). Suppose the way you get a job is an employer says to you that if you give the employer $1000 of your own money, the employer will hire you to do a job. Your wage will be deducted from the $1000. When you have been paid the $1000 you lose your job unless you come up with another $1000 to keep yourself employed. Sound familiar?

Government 'creates jobs' by taking money from one person and giving it to another. This has been going on for decades, and increased dramatically during the depression of the 1930s. Here in London, the Dominion Public Building (originally used by Canada Post) is a good example of a federal government make work project during this time. Millions of dollars of tax money has been spent since over the years to renovate the building, and to maintain it. Ironically, it now houses the Service Canada Centre facilities that provide Employment (Unemployment) Insurance benefits. Government spending of tax money to 'create jobs' must stop. It does not work. 

© Trevor Dailey