Quote:
Originally Posted by Cannon Shell
Jobs bills are a band-aid. Sustainable, economy growing jobs arent created by Govt spending. They are created by the private sector that the current govt despises and took shots at for a year and a half now.
Govt spending is like huge free agent contracts for over the hill, ex-stars. At first it sounds like a good idea. Yeah we are going to sign Player X/create some jobs. But a couple of years and a whole lot of money later, the luster has worn off, the star is now a bum (stimulus money runs out/govt jobs created become typical drains because most arent really necessary) and you need to gear up for another round of buying over the hill stars/govt spending. You neglected the farm system (private sector and small business)that grows players a lot more cost effectively so you need to spend, spend, and spend. And just like for baseball teams, it doesnt work and eventually becomes unsustainable.
If not now then when?
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how about when the private sector is actually creating jobs?
I'm not sure how you avoid a death spiral of job losses followed by reduced consumer spending followed by more job lossess followed by more reduced consumer spending if no one is priming the pump.
we certainly want private sector job creation. and as soon as that's happening, i'm all for ending the stimulus. but this argument reminds me of the great derby trail inflation scare of 2008. you're still worried about the wrong thing.
the primary challange of this economy is getting people to spend money. it's not going to happen without continued government stimulus.