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>There doesn’t seem to be any lesson-learning happening... Which would indicate that creating jobs was not the actual reason for the grants. Given how triviall
by vannevar 3mo ago
>There doesn’t seem to be any lesson-learning happening...
Which would indicate that creating jobs was not the actual reason for the grants. Given how trivially easy it would be fix the problem (simply make the grant contingent on the creation of jobs, otherwise it converts to a loan), the real purpose is probably a matter of generating headlines and raking in campaign contributions (with occasional full-on kickbacks probably happening as well). All of which it apparently does well enough that politicians continue to do it.
- Cpoll 3mo agoImplementing your loan-contingency wouldn't prevent generating headlines, so that would only leave contributions and kickbacks.
- vannevar 3mo agoIf the program actually does create jobs, it doesn't much matter whether or not the politician benefits, because it still serves the public interest.
- dmix 3mo ago> Given how trivially easy it would be fix the problem (simply make the grant contingent on the creation of jobs, otherwise it converts to a loan Sounds like a good way to create lots of fake jobs and scammy businesses.
- vannevar 3mo agoPretty easy to check on. And I'm not sure how the company would profit from giving away money to thousands of people who didn't work. And even if for some reason they did, we've seen that it actually stimulates the economy, which is the whole point.