This will be all good and dandy except for the fact that it doesn't work this way. This is way too simple of an approach and is highly flawed. The government cant just create jobs for the heck of creating them. They have to have a purpose to a vast majority of society, not just the employees. If the government creates jobs for the heck of creating them that serves no real purpose, it becomes similar to other government assistance programs. The money being spent to pay the employees come from the employer which will be the government so we are back at the same situation of the government spending its money and getting nowhere. The job has to be self-sustained and if the government is going to constantly pumping its funds so the employees get paid then the recession will carry on. The government is, quite simply, incapable of creating such jobs.
Wednesday, February 27, 2013
Krugman on the Economy
This will be all good and dandy except for the fact that it doesn't work this way. This is way too simple of an approach and is highly flawed. The government cant just create jobs for the heck of creating them. They have to have a purpose to a vast majority of society, not just the employees. If the government creates jobs for the heck of creating them that serves no real purpose, it becomes similar to other government assistance programs. The money being spent to pay the employees come from the employer which will be the government so we are back at the same situation of the government spending its money and getting nowhere. The job has to be self-sustained and if the government is going to constantly pumping its funds so the employees get paid then the recession will carry on. The government is, quite simply, incapable of creating such jobs.
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