Reducing unemployment isn't easy. The Dulles Metro Extension of the Silver Line in Washington can give us a peek at what is going wrong with stimulus spending. Tax cutting is not the answer.
VERY INTERESTING! This is worth your time to read over. A case study of sorts that could deliver some insight as to part of the answer we need about employing more people. The greater question is how do we employ ever more growing numbers of people world wide when due to ever increasing improvements in technology in all areas of work we need not just fewer but far fewer people doing traditional wage paying jobs? How do we decide value and wages in this historical period that is very different from any other by just that simple fact alone? Never has mankind faced this question before with the manpower intensive types of work used all through the past. The full solution will require much vision and new, original economic ideas of what we deem valuable…
Studies have found PLA mandates typically increase the cost of construction between 12 percent and 18 percent compared to similar non-PLA projects by restricting competition to only firms willing to comply with onerous union requirements. In addition, a PLA would have taken jobs away from Virginia’s hardhats and replaced them with out-of-state workers, as 94.6 percent of the Commonwealth’s construction workforce does not belong to a union.
- See more at: http://nomadicpolitics.blogspot.com/2014/01/the-truth-about-reducing-unemployment.html#sthash.81R1pPZS.dpuf