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96,261 Posts.
75
06/10/20
20:10
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"Jobs jobs jobs."
simplistic thinking that was possibly ok 1950 - it's way out of date now
what really matters when you distill it all down is - economy
jobs do not make economy ------------- money does
money going around and around and around is what makes a society work
you can have all the jobs in the world ------- you can give all australians 3 jobs each - and you can have them working 24 hours a day 365 days a year
and, it matters not a bean --
what matters is money in circulation
that means they can spend and when they spend - a BYPRODUCT of that - just happens to be jobs
there is no chicken and egg argument in this -
it's demand that fires everything in the first place - and, the next ingredient you need is 'money'
jobs come down the list after that.
it's the fatal flaw of governments thinking - they target what they think are 'jobs' --
whereas - they should be aiming a couple of steps below that
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