Fighting inflation requires government to take unpopular actions like reducing spending or raising taxes, while traditional fiscal policy solutions to fighting unemployment tend to be more popular since they require increasing spending or cutting taxes.
We have seen that unemployment can be kick started by increased spending.
Increased spending by government can be done by starting big projects.
There is no way any govt can force private sector to hire more people , Unemployment has to be dealt with fiscal policies now in the present political conditions of gridlocks and filibusters its going to be really tough to implement.
We should have the unemployment crisis taken care by government first and then the private sector can take it forward.
We have seen that unemployment can be kick started by increased spending.
Increased spending by government can be done by starting big projects.
There is no way any govt can force private sector to hire more people , Unemployment has to be dealt with fiscal policies now in the present political conditions of gridlocks and filibusters its going to be really tough to implement.
We should have the unemployment crisis taken care by government first and then the private sector can take it forward.
