Job Creation w/o Added Debt, Taxes or Inflation

[Carl Veritas]

You know how our economy works if you can answer this.

First some background facts —

Taxpayers now owe a staggering $10.6 Trillion.
Prices have also persistently risen, it now takes $22.12 of todays money what $1.00 could buy in 1913.

The Question:

How can jobs be created in the US economy without adding to the national debt load, increasing taxes or persistent price inflation?

It’s a loaded question so I’ll give a hint–
Start by figuring out who actually creates jobs and where they get the money to fund them.

[Eugene]

Jobs are created to meet existing demand for something. Demand is suffering and domestic consumers are cutting their consumption. Without deficit spending, we can only create create new jobs by learning to export more stuff. All kinds of exports are stimulated by the weak dollar. But this would drive inflation so it’s not the answer to your question. We can also try to steal some low-tech manufacturing from China & such. The only way to do that without weakening the dollar is by lowering the minimum wage.

Of course, that could have an unintended side-effect: workers on minimum wage might see their wages lowered, domestic demand would fall, leading to job losses which could potentially exceed gains in manufacturing.

[Eugene]

Jobs are created to meet existing demand for something. Demand is suffering and domestic consumers are cutting their consumption. Without deficit spending, we can only create create new jobs by learning to export more stuff. All kinds of exports are stimulated by the weak dollar. But this would drive inflation so it’s not the answer to your question. We can also try to steal some low-tech manufacturing from China & such. The only way to do that without weakening the dollar is by lowering the minimum wage.

Of course, that could have an unintended side-effect: workers on minimum wage might see their wages lowered, domestic demand would fall, leading to job losses which could potentially exceed gains in manufacturing.

[Eugene]

Jobs are created to meet existing demand for something. Demand is suffering and domestic consumers are cutting their consumption. Without deficit spending, we can only create create new jobs by learning to export more stuff. All kinds of exports are stimulated by the weak dollar. But this would drive inflation so it’s not the answer to your question. We can also try to steal some low-tech manufacturing from China & such. The only way to do that without weakening the dollar is by lowering the minimum wage.

Of course, that could have an unintended side-effect: workers on minimum wage might see their wages lowered, domestic demand would fall, leading to job losses which could potentially exceed gains in manufacturing.

[Eugene]

Jobs are created to meet existing demand for something. Demand is suffering and domestic consumers are cutting their consumption. Without deficit spending, we can only create create new jobs by learning to export more stuff. All kinds of exports are stimulated by the weak dollar. But this would drive inflation so it’s not the answer to your question. We can also try to steal some low-tech manufacturing from China & such. The only way to do that without weakening the dollar is by lowering the minimum wage.

Of course, that could have an unintended side-effect: workers on minimum wage might see their wages lowered, domestic demand would fall, leading to job losses which could potentially exceed gains in manufacturing.

[Eugene]

Jobs are created to meet existing demand for something. Demand is suffering and domestic consumers are cutting their consumption. Without deficit spending, we can only create create new jobs by learning to export more stuff. All kinds of exports are stimulated by the weak dollar. But this would drive inflation so it’s not the answer to your question. We can also try to steal some low-tech manufacturing from China & such. The only way to do that without weakening the dollar is by lowering the minimum wage.

Of course, that could have an unintended side-effect: workers on minimum wage might see their wages lowered, domestic demand would fall, leading to job losses which could potentially exceed gains in manufacturing.

[Arraya]

The dollar is toast. The Fed ponzi scheme is almost up.

http://economicedge.blogspot.com/

Three years ago I gave our country a chance. We still had the option to do the right things that could have turned the math around. I no longer believe that option exists. Thus, OUR CURRENT FINANCIAL SYSTEM IS DOOMED. The debt will be defaulted and now that it has been transferred onto the taxpayer, you and me, we will default together, as in our entire nation. How long will it be? Let’s put it this way; you are not going to be passing these debts onto your grandchildren.

The people who know me, know that I am NO gold bug. Gold historically gets slammed during credit collapses as it has been during the first phase of this collapse, BUT our government’s actions are placing concrete boots on our currency and Paulson/Bernanke have thrown our currency overboard. That

[Arraya]

The dollar is toast. The Fed ponzi scheme is almost up.

http://economicedge.blogspot.com/

Three years ago I gave our country a chance. We still had the option to do the right things that could have turned the math around. I no longer believe that option exists. Thus, OUR CURRENT FINANCIAL SYSTEM IS DOOMED. The debt will be defaulted and now that it has been transferred onto the taxpayer, you and me, we will default together, as in our entire nation. How long will it be? Let’s put it this way; you are not going to be passing these debts onto your grandchildren.

The people who know me, know that I am NO gold bug. Gold historically gets slammed during credit collapses as it has been during the first phase of this collapse, BUT our government’s actions are placing concrete boots on our currency and Paulson/Bernanke have thrown our currency overboard. That

[Arraya]

The dollar is toast. The Fed ponzi scheme is almost up.

http://economicedge.blogspot.com/

Three years ago I gave our country a chance. We still had the option to do the right things that could have turned the math around. I no longer believe that option exists. Thus, OUR CURRENT FINANCIAL SYSTEM IS DOOMED. The debt will be defaulted and now that it has been transferred onto the taxpayer, you and me, we will default together, as in our entire nation. How long will it be? Let’s put it this way; you are not going to be passing these debts onto your grandchildren.

The people who know me, know that I am NO gold bug. Gold historically gets slammed during credit collapses as it has been during the first phase of this collapse, BUT our government’s actions are placing concrete boots on our currency and Paulson/Bernanke have thrown our currency overboard. That

[Arraya]

The dollar is toast. The Fed ponzi scheme is almost up.

http://economicedge.blogspot.com/

Three years ago I gave our country a chance. We still had the option to do the right things that could have turned the math around. I no longer believe that option exists. Thus, OUR CURRENT FINANCIAL SYSTEM IS DOOMED. The debt will be defaulted and now that it has been transferred onto the taxpayer, you and me, we will default together, as in our entire nation. How long will it be? Let’s put it this way; you are not going to be passing these debts onto your grandchildren.

The people who know me, know that I am NO gold bug. Gold historically gets slammed during credit collapses as it has been during the first phase of this collapse, BUT our government’s actions are placing concrete boots on our currency and Paulson/Bernanke have thrown our currency overboard. That

[Arraya]

The dollar is toast. The Fed ponzi scheme is almost up.

http://economicedge.blogspot.com/

Three years ago I gave our country a chance. We still had the option to do the right things that could have turned the math around. I no longer believe that option exists. Thus, OUR CURRENT FINANCIAL SYSTEM IS DOOMED. The debt will be defaulted and now that it has been transferred onto the taxpayer, you and me, we will default together, as in our entire nation. How long will it be? Let’s put it this way; you are not going to be passing these debts onto your grandchildren.

The people who know me, know that I am NO gold bug. Gold historically gets slammed during credit collapses as it has been during the first phase of this collapse, BUT our government’s actions are placing concrete boots on our currency and Paulson/Bernanke have thrown our currency overboard. That

[(former)FormerSanDiegan]

OK Bryan, we give up. Tell us the answer.

[(former)FormerSanDiegan]

OK Bryan, we give up. Tell us the answer.

[(former)FormerSanDiegan]

OK Bryan, we give up. Tell us the answer.

[(former)FormerSanDiegan]

OK Bryan, we give up. Tell us the answer.

[Author]

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