问题详情

The governments continuing failure to address our nations gut-wrenching unemployment stems from a fundamental disagreement over how jobs are created in the first place. We are now in the third year of policies predicated on the assumption that government spending creates jobs. We have been【M1】______ squandered three years and trillions of dollars of the nation s wealth on such policies, and they have not worked so they cannot【M2】______ work. Government cannot inject a single dollar into the economy if【M3】______ it has first taken that same dollar out of the economy. True, we can see the job that is saved or created when the government puts that dollar back into the economy. That we cant【M4】______ see clearly are the jobs that are destroyed or prevented from forming because government has first taken that dollar out of the economy. We see those millions of lost jobs in a chronic unemployment rate and a stagnating economy. Government can transfer jobs from the production sector to【M5】______ the government sector by taking money from one and giving it to the other. Thats the heart of the presidents plan to spend billions【M6】______ of dollars to hire more teachers and firefighters than police【M7】______ officers. But these temporal government jobs come at a steep【M8】______ price: every dollar spent on sustaining one of these jobs is a dollar【M9】______ taken from the same capital pool that would otherwise have been available to productive businesses to invest creating permanent【M10】______ jobs.

【M1】

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