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Friday, February 24, 2012

Loss of Jobs Stimulates Economy? This is disturbing!?

This came from a Newsmax article and is a comment of senior White House (USA) senior adviser.  I find this rather disturbing and contrary to what we try to promote in entreprneurship.  I hope this is not reflective of the mindset of senior executives in that famous and powerful country.

The senior adviser says that unemployment means welfare checks and this means the recipients have to spend the money.

How odd?

If this were not USA, where do you source fund the unemployment check?   Is this the reason why unemployment is encouraged rather than discouraged in that great nation.

I thought job creation is the goal of companies and governments?  Whoaaaaa...
Valerie Jarrett: Unemployment Stimulates the Economy

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