Any decision made to create or preserve jobs is inherently wasteful. You’re spending money to avoid losing an economic output that the market has decided no longer needs to exist.
It’s also opportunity cost. Literally anything else could also create jobs. How many jobs would building houses create? Solar or wind farm? A 24/7 orgy playground?
Any decision made to create or preserve jobs is inherently wasteful. You’re spending money to avoid losing an economic output that the market has decided no longer needs to exist.
It’s also opportunity cost. Literally anything else could also create jobs. How many jobs would building houses create? Solar or wind farm? A 24/7 orgy playground?