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View Diary: Initial unemployment claims drop below 300k (10 comments)

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  •  it's unclear what will create jobs? (3+ / 0-)
    Recommended by:
    fcvaguy, librarisingnsf, Kimbeaux

    Spending money will create jobs, putting spending money in the hands of people that earn between nothing and a hundred K a year will increase demand for goods and services and if enough money is spent will cause employers to have to hire to meet the increase in demand.

    It's the old adage you gotta spend money to make money. Right now money is stagnant. Sitting in the bank accounts of the rich and in the bank accounts of corporations. We need some wealth redistribution STAT.

    I sing praises in the church of nonsense, but in my heart I'm still an atheist, demanding sense of all things.

    by jbou on Thu Sep 12, 2013 at 07:54:12 PM PDT

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