jobs Archive
Economy Faces a Jolt as Benefit Checks Run Out
Employment, Government Spending
Jul 11, 2011
When there is a lack of aggregate demand due to high ‘savings desires’ as the unemployed take jobs when benefits expire, it just means someone else loses a job, and then some, as govt deficit spending falls as well, further reducing aggregate demand. It also serves to drive down wages, as per
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Obama Responsible for Poor Jobs Picture: Bachmann
Deficit, Government Spending, Greece, MMT
Jul 09, 2011
Couldn’t agree more, but for different reasons. (feel free to repost) Comments below: Obama Responsible for Poor Jobs Picture: Bachmann By Jeff Cox July 8 (CNBC) — The dismal state of employment offers more proof that President Obama’s economic plan isn’t working, Republican presidential candidate Michele Bachmann told CNBC. Agreed! Speaking just
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Obama Weighs Spending to Stem Job Cuts Without Second Stimulus
Employment, Obama
Oct 07, 2009
[Skip to the end] This does not do much for ‘jobs’ but it is pretty good for financial markets. Low wages, high productivity growth and a bit of top line growth makes for happy management and investors. And a continuing flow of real wealth from the bottom to the top. Obama Weighs
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