Why “stimulus” does not work.

We do not want jobs.  We want creation of wealth.  Regrettably, creating wealth usually requires an unreasonable amount of work.  Even more regrettably, doing an unreasonable amount of work is unlikely to create wealth.  Thus if we try to “create jobs”, we are likely to destroy, rather than create, wealth.

It is very easy to create jobs.  The chain on the chainsaw breaks, and one has to use an axe.  Think of all the jobs created!  Ban chainsaws!  “Green jobs” are of this kind.

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