"Jobs really come in the productive sector of the economy. The real jobs are where people are producing goods or services which other people will buy. Now, dependent on those people producing those goods, are a lot of others in the public sector. Now if you run up the public sector, you can only do it by draining money out of industry and commerce. But that's where the jobs are. And one of the reasons why you have to cut public expenditure is to get the money back out of the public sector, into industry and commerce, so that they, in fact, can invest, and improve, and expand; because that's where the secure jobs are."
Margaret Thatcher
(1925-2013) British Prime Minister (1979–1990)
1976 Feb 5, TV Interview for Thames TV 'This Week'
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Reader comments about this quote:
Liberals don't seem to understand this notion that jobs are created not by government but by the private sector.
 -- jim k, Austin     
  • 4
    We need to replace all the Democrats and Neocons Serving Us Up with Margaret Thatcher clones.
     -- Mary - MI     
  • 2
    Exchange Liberty for security, that is why socialism claims " To big to fail."
     -- Ronw13, Oregon     
  • 1
    Whenever a politician talks about creating jobs, they usually are referring to government jobs -- the only jobs they can create. The private sector pays for the public sector, and in the US now, public sector jobs pay higher than private(!!). This is common with monarchical/aristocratic government models. When enough people work for the state, the rest become serfs bound in service to support the state. Wake up people...
     -- E Archer, NYC     
  • 1
    Considering the altruism and economic fact is couched in anti-natural law / pro legal positivism nomenclature and conceptualization, it is accurate none-the-less. When private labor is converted into public works (collectivism, socialism, etc.) inefficiency reigns supreme making the wealth production insufficient to support the State of affairs and individual life for all.
     -- Mike, Norwalk     
     -- Mary, MI      
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