I am convinced that what I call the "jobs recession" is by far the most important economic issue this country faces.
If there is strong demand for labor, wages will rise. They must.
If people are employed in high demand jobs, they will prosper. They must.
In such an environment, the need for a social safety diminishes. It must.
We do not need Keynesian "stimulus" packages that seek to replace market demand with government spending. However, we do need more jobs and more people with jobs.
Thanks.
I am convinced that what I call the "jobs recession" is by far the most important economic issue this country faces.
If there is strong demand for labor, wages will rise. They must.
If people are employed in high demand jobs, they will prosper. They must.
In such an environment, the need for a social safety diminishes. It must.
We do not need Keynesian "stimulus" packages that seek to replace market demand with government spending. However, we do need more jobs and more people with jobs.
That this country needs desperately.