Job Creation Simplified

The Index of Economic Freedom has been an accurate indicator of economic growth, and economic growth fuels job creation. You can't mandate or legislate jobs. You have to create the business environment which nurtures them.

In other words, if one were truly interested in job growth, they'd leverage the simple linkages which exist in the formula:

FREEDOM drives GROWTH, GROWTH creates JOBS.

This relationship is so undeniable and reliable that one could form a successful investing strategy simply by analyzing data from the Index of Economic Freedom and looking for countries which are free and showing upward momentum.

Here's where the United States ranks:

Our position is showing serious deterioration, and is falling faster. No longer number one in the world, we aren't even first in North America at this point.

Our poor job situation is not creating this slide ... rather, this slide is killing jobs. And, as stated above, the fix is to inject freedom into the economy.

It's alarming that we are doing the opposite of what's required. We should be slashing taxes which have risen to the world's highest levels. We should be trimming governmental debt, not piling it on. We should be creating a situation in which individuals can thrive, not become a ward of the state.

Blame has been deflected by sloganeering politicians to the "greedy"; the true culprit is a runaway government which has allowed debt to balloon from $3 trillion to $15 trillion since 1990.