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Can government create Jobs?

Can government create Jobs?

Can Government create jobs or can it only hand out money to try and get people to hire or re-hire workers? If most of the jobs in America are created by small businesses can government have a positive influence by giving tax breaks to small businesses? Are tax breaks more effective then handing out money?

Can government protect workers best by staying out of the free market system all together or by stepping in to see that the excesses of capitalism are contained? If the free market system is exploitive of the the workers and stock holders to what extent should the government get involved? Does American capitalism have a "ticket to ride" and to hell with the consequences? Capitalism is built upon greed and as we have seen this greed almost destroyed our economy. How much control over the economy is enough and how much is too much? Where is the line drawn?

What do you think?

"libido sciendi"..... the passion to know.
10/4/2013, 9:27 am Link to this post PM Noserose
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Re: Can government create Jobs?


"Can government create Jobs?" Nr

The presidency is a government job; that's one right there.
Our military employs both military, and civilian workers; all paid with government money.

Keynes (kânz), John Maynard. First Baron of Tilton
British economist who proposed that high unemployment, being a result of insufficient consumer spending, could be relieved by government-sponsored programs. He also advocated deficit spending by governments to stimulate ecomomic activity.

Excerpted from The American Heritage® Dictionary of the English Language, Third Edition © 1996 by Houghton Mifflin Company. Electronic version licensed from INSO Corporation; further reproduction and distribution in accordance with the Copyright Law of the United States. All rights reserved.

Some endorse Keynesian economics.
Others vehemently oppose it.
In the middle are those that understand, as a temporary approach to rescue an economy in severe distress, it may not be a bad idea.

Certainly deficit spending has perils. But Keynesians argue that it's better to get the economy going again, and pay back the $money borrowed, than to slog along in a faltering economy for decades, awaiting an unassisted recovery.

My objection to Keynesian economics is, we never pay it back.
We borrow and spend like drunken sailors; and after the economy has substantially improved, the debt remains, accumulating as before.

That has roughly the same impact on nations that it would for individuals.

"You and I as individuals can, by borrowing, live beyond our means, but for only a limited period of time. Why, then, should we think that collectively, as a nation, we are not bound by that same limitation?" Ronald Reagan's First Inaugural Address, 1981

Governor Reagan campaigned against President Carter, criticizing Carter's deficit spending. Reagan's campaigns often featured promises of balancing the budget, and paying down the debt.

Reagan talked a great game (as the above quotation demonstrates).

But once in office, not only did Reagan incur more debt than Carter did.
Reagan incurred more U.S. federal debt than all the U.S. presidents before him, COMBINED!!

It's a dilemma.
Those with the integrity to actually run surplus federal budgets and begin to pay off the U.S. federal debt can't get elected.
And those that can get elected don't have the integrity to implement fiscally responsible policies.
The voters get boinked.
The tax payers get boinked.
And the grandkids! They're getting reamed like it was kiddy porn.

"Gertrude is a lovely name for a turtle." Susa
11/29/2013, 1:56 pm Link to this post PM sear

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