Direct Job Creation - Argentina Example
source: http://www.newdeal20.org/2009/11/25/navigating-the-jobs-crisis-direct-job-creation-lessons-f...
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I have mentioned the Modern Money Theory proposal of direct job creation in a couple comments/posts. Real life example provided here. A pertinent excerpt:
"While in the U.S. Congress keeps extending unemployment benefits, the Argentine government chose to put the unemployed to work. When our politicians forecast a jobless recovery ahead, policy makers south of the equator speak of reaching full employment by creating and safeguarding jobs by private and public means."
http://www.newdeal20.org/2009/11/25/navigating-the-jobs-crisis-direct-job-creati...
"While in the U.S. Congress keeps extending unemployment benefits, the Argentine government chose to put the unemployed to work. When our politicians forecast a jobless recovery ahead, policy makers south of the equator speak of reaching full employment by creating and safeguarding jobs by private and public means."
http://www.newdeal20.org/2009/11/25/navigating-the-jobs-crisis-direct-job-creati...
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- tags:
- Economics, job creation, MMT
