To: SeekAndFind
The government would buy the labor of people who hold skills not demanded by the market, preventing those people from seeking out new skills. Stagnant human capital would just continue to stagnate.
In short, the Jobs Guarantee is a nice sounding project that might work out well on paper. But it doesn't work in the real world.
Sounds a lot like communism. With a spiffy new name.
5 posted on
12/31/2011 7:49:06 AM PST by
nhwingut
(Sarah Palin 12... No One Else.)
To: nhwingut
NO that is Marxist Communism not just sounds like it,
it is it. Amen.
28 posted on
12/31/2011 8:13:55 AM PST by
gakrak
( A man should know his limitations and act accordingly.)
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