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Richard Stallman's Political Notes

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Paying companies to "create jobs"

lundi 29 juin 2015 à 14:00

Scott Walker set up a "jobs program" that handed $124 million to businesses under his personal supervision, without review. The result was to "create" around 2000 jobs, meaning the State of Wisconsin paid a business $60,000 for each job.

The state could have made more jobs by hiring people directly.

The idea of paying companies to "create jobs" is inherently misguided. from the public's point of view. The state loses a lot of money and gets few jobs — many of which were not actually created, but rather taken away from some other state. The only thing it is effective for is giving money to businesses.

If legislators don't know this, the program is mistake foolish. If they know, it is corrupt and dishonest, I think Walker knows, don't you?

The effective way for the state to use money to create jobs is to give the money to poor people. They will spend it.