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re: .
Posted on 3/27/14 at 9:34 pm to Asgard Device
Posted on 3/27/14 at 9:34 pm to Asgard Device
Difference in emphasis.
Conservatives would say "jobs were created" meaning the economy grew probably due to tax cuts or deregulation.
Leftists say "we created" jobs probably because of more government workers or stimulus grants to cronies.
Conservatives would say "jobs were created" meaning the economy grew probably due to tax cuts or deregulation.
Leftists say "we created" jobs probably because of more government workers or stimulus grants to cronies.
Posted on 3/27/14 at 9:44 pm to ChineseBandit58
quote:
Difference in emphasis.
Conservatives would say "jobs were created" meaning the economy grew probably due to tax cuts or deregulation.
I'm going to put you down for "no."
What I am talking about is something that I hear pretty much daily. There's some government program, government department, or market intervention that is touted as creating jobs.
It happens more on a state and local level, although Solyndra is a famous example on the Federal side - particularly because it went belly-up. Even if Solyndra would have succeeded, I would still cringe at the thought that government created jobs by propping Solyndra up. Everything comes from something and nothing happens in a vacuum. Economic multiplier effects be damned.
I remember thinking that my economics professor was a tool for repeatedly telling us that ANY intervention or favoritism by government results in decreased efficiency for an economy as a whole. Now, I'm not so sure. I suppose I am getting old.
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