Georgia Needs a Lone Star State of Mind
By Kelly McCutchen
Jobs, jobs, jobs. That's the mantra from nearly every elected official these days, from President Obama to Governor Deal. But do government policies really have on impact job creation? And if so, what should states like Georgia be doing?
Can government create jobs? Certainly, but every dollar spent by government is a dollar taken out of the private economy, where it most likely could be put to better use.
"More focus should be on incentives for people and businesses to invest, produce and work," says Harvard economist Robert Barro. "On the tax side, we should avoid programs that throw money at people and emphasize instead reductions in marginal…