NEVADA - OBAMA KNOWS NOTHING ABOUT NEW JOBS CREATION

White House: $1.3 billion more in Nevada will 'create' 10,000 new jobs

President's jobs bill gives money to same government organizations, employees as first stimulus bill — yet expects far better results

By Steven Miller and Kyle Gillis

LAS VEGAS — President Obama claims his recently proposed American Jobs Act could provide $1.3 billion to Nevada and create nearly 10,000 jobs.

But what the historical data strongly suggests, says a Duquesne University economics professor, is that the money will do no such thing.

"The government does not create jobs. It moves jobs," says Dr. Antony Davies, who is also a research fellow at George Mason University's Mercatus Center.

"Yes, it is absolutely the case that when the government spends money, jobs appear," he says. "But that's only half of the argument.

"The other half is that the money doesn't fall from heaven — right? You get the money by taxing somebody else. So when you're taxing somebody else, you're destroying jobs.

"What really happens is, you're moving jobs," says Davies

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