In the recent discussions about 'creating jobs,' you always hear politicians paying lip service to private sector jobs over public sector jobs. Supposedly private sector jobs are 'real' jobs. I SAY: why?
Public sector jobs are more likely to have higher pay and better working conditions. Historically the public sector has been much more technologically innovative than the private sector, as opposed to persistent myths to the contrary. The public sector has the potential to be far more productive than the private sector due to significantly higher capital and potential resources.
Why is the government so shy about stepping in the place of the private sector when the private sector fails to deliver? The labor power is there, the resources are there, the means of production are there. They are not being employed because the private sector is based on small-scale profit incentive. There is no shortage of true demand in the economy - new energy is needed, construction projects need to be undertook, and transportation systems need to be implemented. All of these things bear huge returns. I'm not saying to abolish the private sector - they are quite good at rolling out consumer electronics and retailing food. But the more important things, the government can do - and better, and quicker.
Contentious thread time. What say you?