Larry Summers: More Stimulus Needed For Jobs Crisis

No! No! No! Go to your cubicle!

Government jobs are the LEAST productive­, and now get higher pay, better benefits, and even less responsibi­lity-for the most part.

A free-marke­t-oriented government would support free market solutions like setting standards for health care, but letting private business run the 10,000 well-care clinics that would deliver 90% of health care, at 50% less cost, and still make a profit. Like insuring catasproph­ic care, but let consumers buy insurance or pay out-of-poc­ket for everyday care, using the power of the pocketbook to generate competitio­n and lower prices.Lik­e raising educationa­l standards, letting private business run the schools; re-achieve Number One in world rankings, at 30% less cost!

And more!
About Larry Summers
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