Re: Greenspan the Un-Rand
I like the infrastructure idea and it should definitely be done. (Anything that helps!) But I worry that it won't scale enough. Builders want 1 trained backhoe operator not 50 ditch diggers. If we're trying to employ "everybody" than we need a difficult mix of jobs.
Regarding China: China did it building cities that weren't needed. The people in poverty were subsistence farmers, so at least they were eating. And it's not clear that China's pulled-up workers live better than our unemployed. So Ghent12 will tell us that we have to knock them down first. (Which may be a fair point in theory, but it's brutal in reality.)
"To some extent" is quite a qualifier, but at least you acknowledge the need for magic.
"Remove the safety nets" and people will find jobs "to some extent". And the rest? What happens with the safety nets gone? I wonder what your acceptable success rate is.
Originally posted by aaron
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Regarding China: China did it building cities that weren't needed. The people in poverty were subsistence farmers, so at least they were eating. And it's not clear that China's pulled-up workers live better than our unemployed. So Ghent12 will tell us that we have to knock them down first. (Which may be a fair point in theory, but it's brutal in reality.)
Originally posted by Ghent12
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"Remove the safety nets" and people will find jobs "to some extent". And the rest? What happens with the safety nets gone? I wonder what your acceptable success rate is.
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