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Almost. Hole-digging isn't any meaningful sort of employment, it's merely a tactic to put dollars in the hands of consumers, increasing "aggregate demand" (cons

by hilop 10y ago

Almost. Hole-digging isn't any meaningful sort of employment, it's merely a tactic to put dollars in the hands of consumers, increasing "aggregate demand" (consumer spending), which DOES provide employment, as that spending is spent on OTHER people's otherwise-unemployed labor (not the hole-diggers' labor)

enraged_camel 10y ago
>>Almost. Hole-digging isn't any meaningful sort of employment We aren't talking about literal hole-digging. There are a ton of infrastructure projects in America (highways, bridges, etc.) that could use the labor in construction.
enraged_camel 10y ago
>>Almost. Hole-digging isn't any meaningful sort of employment We aren't talking about literal hole-digging. There are a ton of infrastructure projects in America (highways, bridges, etc.) that could use the labor in construction.
deleted 10y ago
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