"If the government can’t boost employment directly, it must - TopicsExpress

"If the government can’t boost employment directly, it must promote private spending instead — and anything that might hurt the privileged, such as higher tax rates or financial regulation, can be denounced as job-killing because it undermines confidence, and hence investment. But if the government can create jobs, confidence becomes less important — and vested interests lose their veto power...“captains of industry” understand this point, and...they oppose job-creating policies precisely because such policies would undermine their political influence." nytimes/2013/08/09/opinion/krugman-phony-fear-factor.html?src=recg&_r=0

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