.....the fiscal cost of “creating or saving” jobs in the private sector should equal $0 because true job creation should add value to the employer’s bottom line. In fact, if creating a job was ever a net cost to the employer, a rational employer wouldn’t be hiring anyone — how could his enterprise remain healthy?
Further (from me) if a employee in the private sector does turn out to be a cost (eg an investment failure) the cost is born by that business. The lost opportunity stays within that business. It isn't socialised out across every other business or tax-paying individual as happens when governments get involved in job creation.