Hey, Government, Can You Spare a Job?

Paul Krugman in today’s NYTimes editoral describes the huge jobs problem America faces.  Krugman states: ” There are six times as many Americans seeking work as there are job openings, and the average duration of unemployment — the time the average job-seeker has spent looking for work — is more than six months, the highest level since the 1930s.”

A key among Krugman’s suggestions is that local and state governments need some help since they can’t borrow their way out of trouble like the Federal government can.  These agencies have direct impact on the quality of our lives in terms of police enforcement to education to the quality of our streets.

Krugman contends it is way past time for mere “symbolic gestures” and it is imperative that real job growth is promoted.

Hey, bloggers, can you spare an opinion?

7 Comments

Filed under Jobs

7 responses to “Hey, Government, Can You Spare a Job?

  1. I believe that the government needs to create a program that seeds new small businesses. We can’t count on the corporatocracy to create jobs for us; we need to make our own jobs! Small business accounts for over 50% of employment in this country. Give the little guy the “stimulus” and help him to start a small business. That’s the way to create jobs and grow the economy.

  2. And I think Paul Krugman is so cute (in a nerdy kind of way).

    Sorry–couldn’t help myself.

  3. lilacluvr

    Just imagine how many small businesses and how many people would have jobs if we had taken all those billions we gave to Wall Street and given it to the average Americans willing to promise to provide jobs rather than padding their own CEO’s bonus packages?

    Too big to fail needs to go bye-bye.

  4. tosmarttobegop

    I often say that things are so interconnected that it is not always apparent what needs to happen to correct the problem. OK I will use my town as the example, I look around to see what is the need that could be filled?

    We do not have a book store, so there is one business that could be started.
    There would be a demand but would there be a profitable business?
    Will people be willing to spend their money for reading material?

    There is no music store and I have not stopped thinking of opening a guitar store.
    But again this is a business that caters to the idle time and is not a life need.

    So what business would this town support to the point of keeping the doors open?
    With the economy as it is, the need is for something that is more a need then a want.
    This country needs to get back to manufacturing rather then sales.
    But then to open a business that would manufacture something is to be in contention with the system as it is.
    You would be competing with China and every other country where the costs are lower.

    Sales do not create the numbers of employees as manufacturing does.
    Opening a small business that depends on sales creates only a couple of jobs.
    And depends on consumers in a economic down turn where people are not being openly consumers.

    Krugman states: “ There are six times as many Americans seeking work as there are job openings” A country will not survive and its people be prosperous if the end result is telemarkers for Sears siding are making calls to the homes of telemarkers for Rolox windows!

    I am not sure how the Government could cause a good enough demand for goods to effect this deep a need for jobs.

    • We used to have small town grocery stores. People in small towns are smart enough to realize that supporting local business is better for their local economy. Farmers markets, convenience stores, all provide NECESSARY GOODS.

      Services are another sector that small business can provide. And don’t forget that small business can provide goods and services to larger businesses that DO have the money to buy in this ailing economy.

      Also, there is government. If local municipalities and county governments would pass temporary laws mandating a “buy local” sort of mentality, small business could fill the needs that are now being filled by larger businesses that are not supporting local communities. Yes, it is protectionism, but when it is temporary, it serves a need.

      This economy crashed because the weight of the greed at the top crushed the ability of the working class at the bottom to sustain it. The working class and middle class hold up the wealthy class in our economy. Their greed blinds them to the fact that they need us. It is the bottom of the economy that needs to be tended to now. Shore up the foundation.

      Short of sending every American a check (which would be like putting a bandaid on a deep knife wound), how else do you direct the solutions to the bottom of the economic ladder where they belong, but with encouraging new business and temporary protectionism to give it time to germinate?

      • PS I agree with your statement that we have to get back to manufacturing and that starts as a small business and grows. If it can be made and sold at just a little more than what Chinese goods sell for, and it can (because it has–remember a good selling point is how some Chinese goods have turned out to literally be POISON), local people will buy locally because they know that they are creating local jobs and making the future better for their community.

        Cooperatives can be an answer in this ailing ecomony, too. Everyone that runs the business; risk is spread and so is the reward.