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Saturday, February 2, 2013

Upcoming Posts on the Christian Worldview

Beginning this week and continuing throughout the year, I'm going to begin a series of posts dealing with the private sector.  I'm going to feature posts about businesses in today's economy.  We will be studying about the different types of businesses such as sole proprietorship, partnership, and corporations.  I want to enlighten many people on what constitutes a business and how it operates.  I also intend on educating people about the function of the American economy.  There's an apalling level of ignorance on young people today concerning the private sector.  Many people aren't aware what fuels the economy.  Some people would falsely believe that if a report came out stating that the federal government created 300,000 jobs last month, then they believe that the economy is growing.  The truth of the matter is the economy isn't fueled by the federal government. It isn't fueled by taxation.  The purpose of taxation is to pay for the necessary operations of the federal government such as defense, national security, etc.  The creation of jobs by the federal government doesn't grow the economy.  It's the private sector that fuels the economy.  It's businessmen and entrepreneurs that fuel the economy.  The wealthy who have money to invest in the economy are the people that grow the economy.  When jobs are added to the public sector, it's done through taxation.  When jobs are created in the private sector, more taxable income goes to the government.  If it wasn't through private initiative, then there wouldn't be taxable income going to the federal government. 

In a time such as this, there's a definite need to educate young people about the private sector and how it functions.  They need to know what the term "capitalism" is and how it differs from "communism" and "socialism" for example.  There's much discussion about how the economy contracted in the fourth quarter last year.  The economy won't improve until the federal government loosens the stranglehold on the American economy and repeals Obamacare.  The scores of regulations that are imposed on American business today made it very difficult for them to function and operate freely.  Many businesses are fearful to hire because they don't know how much more they will have to pay in taxes plus there are mountains of regulations that businesses have to comply with.  The government's doing nothing but destroying capitalism.  I think this will be a very informative series on the private sector.

To tip off this series, I'll be featuring former Apple CEO Steve Jobs on Tuesday.  He founded Apple in 1976 and created some wondrous inventions such as the i-pod, and the Mac, for example.  I'll be featuring numerous entrepreneurs (both living and dead) from time to time this year.

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