Will The U.S. Government Create Desperately Needed Jobs?

Economist John Maynard Keynes (1883 - 1946) had a profound affect on governments by strongly encouraging them to spend heavily to jump start their economies battling Recessions or Depressions. How he would advise the U.S. government given its stunning magnitude of mounting debt I can't say.

But with compassion, I would love to see the U.S. government hire the unemployed en mass not only to let them earn a paycheck to support their families but to rebuild their self-esteem and prime the economy. But unlike the 1930's, the U.S. government is now insolvent. Yet it could use the vast resources it now spends on wars, 1,000 global military bases and on the military industrial complex to build weapons, jet fighters, etc., to instead stimulate the economy by hiring the unemployed. 

But the problem is the military industrial complex has been receiving vast stimulus every year since World War ll and to slash its expenses, something the President and Congress don’t have the backbone to do, would require laying off millions of well-paid people who are employed by military sub-contractors, all at taxpayer’s expense. So if that is not an option and it must not be because neither political party discusses it even in our time of economic crisis, then maybe our military industrial complex should hire the 14.5 million unemployed and the 10.5 million underemployed and the unemployed not counted for being out of work too long. That would certainly put America back to work but at what price?


 Dick