By Tom Quiner
The Left believes Big Government is the driver of job creation. The Right believes it is the private sector.
The Obama Administration gutted the coal industry with onerous environmental regulations imposed by executive fiat. To compensate for all the jobs destroyed by government regulation, Obama implemented the “TechHire Initiative.”
Here is what their website says they do:
On March 10, 2015, President Obama announced his TechHire initiative, a new campaign to expand local tech sectors by building tech talent pipelines in communities across the country. That announcement included three main components:
(1) More than 20 communities with over 300 employer partners signed on to pilot accelerated training strategies;
(2) large private-sector companies and national organizations committed to providing tools to support these TechHire communities; and
(3) the President pledged $100 million in federal grant funding.
How did the program work out for out-of-work Kentucky coal miners? The Daily Signal researched it. Here is a quick overview of their findings:
“A government-funded job training program that promised to turn hundreds of residents of Kentucky’s coal country into computer coders so far has spent $2 million to place 17 people in tech jobs and may have left others worse off, The Daily Signal has learned.”
A quick calculation suggests taxpayers ponied up some $118,000 per job created. Is it any wonder a whole bunch of people believe the swamp needs draining in Washington? Only the private sector creates jobs. The biggest impediments to job creation are job-killing government regulations and anti-business tax policies.
If you really want to create jobs, start there.
You can read the Daily Signal’s complete reporting on this story here.