How does creating temporary jobs with a stimulus bill, promote long-term growth in the economy?
Why is Obama trying to create temporary jobs, if they're only temporary? His stimulus bill only gives billions of dollars to corporations for like 2 or 3 years, then what? Then the companies will fire all the employees and of course the executives and CEO's will make sure to keep as much of the millions of dollars as they can, for themselves. Obama might as well have signed people up for welfare and just waited until the market chose to rebuild itself. It would've been cheaper.
Asked By: Lever - 9/1/2011
Best Answer - Chosen by Asker
If corporations used the stimulus money to build the right public good using temporary workers, there is a benefit short term and lone term... More
Answered By: Kiran C - 9/1/2011
Additional Answers (4)
I disagree with you.
Answered By: Ed Jasie - 9/1/2011
Reagan did the same thing to stimulate the economy during his recession challenges... It's a temporary solution until the an Economy can recover on its own...
Answered By: FLSwampBoy - 9/1/2011
Creating temporary jobs is practically the only way without making tremendous long-term investments. The idea is to give people a buffer zone of time during which they have work and are paid. They're contributing to the economy during that time, and the hope is that when the job's done, things will be better off... More
Answered By: whiteflame55 - 9/1/2011
Kiran has the right idea. The idea of a stimulus is that the money spent now stimulates more spending because there is more money being circulated. Read about the great depression and you learn that doing the exact opposite is what made unemployment worse. All jobs are temporary. What needs to be done is invest in... More
Answered By: Jim M - 9/5/2011
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