Government Does Not Create Value Adding Jobs

From Investors Business Daily Editorial, "Gov't Is Job Killer, Not Creator" by Benjamin Powell:

The problem is: Government doesn't create jobs that add value to the economy; companies and entrepreneurs do. Through taxes, mandates and regulation the government typically discourages hiring and destroys jobs. What Washington should do right now is step aside.***While President Obama's new proposal doesn't include digging canals with spoons, it is bound to include the economic equivalent — jobs that create work but not necessarily value.

Read the complete editorial here.