Charles Schwab in the WSJ – "Every Job Requires an Entrepreneur"

by Marilou Moursund on September 29, 2011

in Employment,politics,Recommended Reading

I highly recommendthat was in the WSJ yesterday.  From the opening of the column:

In his speech before a joint session of Congress on Sept. 8, President Obama
said, “Ultimately, our recovery will be driven not by Washington, but by our
businesses and our workers.”

He is right. We can spark an economic recovery by unleashing the job-creating
power of business, especially small entrepreneurial businesses, which fuel
economic and job growth quickly and efficiently. Indeed, it is the only way to
pull ourselves out of this economic funk.

But doing so will require a consistent voice about confidence in
businesses—small, large and in between. We cannot spend our way out of this. We
cannot tax our way out of this. We cannot artificially stimulate our way out of
this. We cannot regulate our way out of this. Shaming the successful or
redistributing income won”t get us out of this. We cannot fund our government
coffers by following the “Buffett Rule,” i.e., raising taxes on Americans
earning more than $1 million a year.

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