Business Exchange…The A-B-C’s of job creation

William Reed

(NNPA)–Black Americans are often misled when politicians and pundits refer to the ability of the president of the United States to “create jobs” during their terms in office. But, in the reality of America’s economy, the private sector is where jobs originate. America’s private sector is run by citizens or groups, usually as a means of enterprise for profit. This differs from countries where the government exerts considerable power over the economy such as, The People’s Republic of China.
Black Americans have to become more educated in private enterprise and capitalistic processes. “Job creation” is a central theme across America these days. Take Santa, for example, there are some Blacks who fervently believe that the ability to create jobs is inherent in the powers of the POTUS—think again.
The government’s limited role in creating jobs is a reality Blacks need to grasp. More of us have to accept that the government’s only role is to help create conditions for the growth of businesses, both large and small. A “job” is what we all want. Whether, it’s in the private or public sector, most of us just want to hear: “Can you start tomorrow?”


From the Web