Saturday, December 19, 2009  Obama Jobs Strategy: "Give Them A
Spoon"  Cato Institute's Mark A. Calabria addresses the cause
and futility of the Obama administration's job creation
strategy. The Obama administration either has a fundamental lack
of understanding of how to stimulate jobs or it's socialistic
approach to jobs creation is the primary reason for a stalled
U.S. jobs market. Mr. Calabria crystallizes the Obama
administration's poor record to date on job creation by
recounting a famous exchange between Nobel prize-winning
economist and grandmaster of free-market economic theory Milton
Friedman and a Chinese government official.  Prof. Friedman
visited China in the early 1960s and was taken by a government
official to see a public works project. Chinese workers were
building a canal. Friedman was struck by seeing everyone digging
the canal with shovels. Friedman asked the official, "why no
heavy earth-moving equipment?" The official said, "oh, this is a
jobs program." So Friedman then says to the offi