ManusJustus on 23 August 2008
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Jackson50 said: The problem with government providing the jobs is that its workers are woefully inefficient. |
I just provided the economic definition of how the government providing jobs is more efficient than the private market in certain cases, which is referred to as market failure. There's no need for me to argue well-understood economic principles here.
The reason the government undertook projects in the first place was because the private sector was not able to hire workers. Its silly to say that the New Deal prevented private firms from hiring when the only reason the New Deal came into existence was to hire workers that the private market was unable to.
