Changes

Jump to navigation Jump to search
33 bytes added ,  02:40, January 29, 2025
Line 12: Line 12:  
===Government===
 
===Government===
 
[[Government]]s are considered by some to be job creators. Left-leaning studies have shown that government spending has been effective in generating employment.<ref>Rumberger, Russell W. "The Employment Impact of Government Spending." May 1983. Institute for Research on Educational Finance and Governence, Stanford Univeristy. http://www.eric.ed.gov/ERICWebPortal/search/detailmini.jsp?_nfpb=true&_&ERICExtSearch_SearchValue_0=ED235568&ERICExtSearch_SearchType_0=no&accno=ED235568</ref> But even if the government is a large employer, that doesn't necessarily mean it is a job creator. The principles of [[capitalism]] and [[small government]] tell us that many, if not most, goods and services commonly provided by governments can be [[efficient]]ly provided by the private sector. This means that the government jobs associated with these goods and services can be provided by the private sector - government spending merely redistributes existing jobs while introducing economic inefficiency.<ref>DiLorenzo, Thomas J. "The Myth of Government Job Creation." February 19, 1984. ''Policy Analysis'' No. 48. http://www.cato.org/pub_display.php?pub_id=914</ref> On the other hand, it is difficult to argue that cutting government spending will create jobs in the short term, because government spending either pays government employees' salaries directly or it pays for goods or services supplied by the private sector.<ref>Blinder, Alan S. "The GOP Myth of 'Job-Killing Spending." June 21, 2011. ''The Wall Street Journal'' (Opinion). http://online.wsj.com/article/SB10001424052702303635604576392023187860688.html</ref> It is more likely that spending cuts will destroy jobs in the short term.
 
[[Government]]s are considered by some to be job creators. Left-leaning studies have shown that government spending has been effective in generating employment.<ref>Rumberger, Russell W. "The Employment Impact of Government Spending." May 1983. Institute for Research on Educational Finance and Governence, Stanford Univeristy. http://www.eric.ed.gov/ERICWebPortal/search/detailmini.jsp?_nfpb=true&_&ERICExtSearch_SearchValue_0=ED235568&ERICExtSearch_SearchType_0=no&accno=ED235568</ref> But even if the government is a large employer, that doesn't necessarily mean it is a job creator. The principles of [[capitalism]] and [[small government]] tell us that many, if not most, goods and services commonly provided by governments can be [[efficient]]ly provided by the private sector. This means that the government jobs associated with these goods and services can be provided by the private sector - government spending merely redistributes existing jobs while introducing economic inefficiency.<ref>DiLorenzo, Thomas J. "The Myth of Government Job Creation." February 19, 1984. ''Policy Analysis'' No. 48. http://www.cato.org/pub_display.php?pub_id=914</ref> On the other hand, it is difficult to argue that cutting government spending will create jobs in the short term, because government spending either pays government employees' salaries directly or it pays for goods or services supplied by the private sector.<ref>Blinder, Alan S. "The GOP Myth of 'Job-Killing Spending." June 21, 2011. ''The Wall Street Journal'' (Opinion). http://online.wsj.com/article/SB10001424052702303635604576392023187860688.html</ref> It is more likely that spending cuts will destroy jobs in the short term.
 +
 +
== See also ==
 +
 +
*[[Innovation]]
    
==References==
 
==References==
Irenaeus, Siteadmin, Check users, oversight, Administrators
351,396

edits

Navigation menu