Job growth well in excess of population increase would be a very good thing if it were only that easy.
Sentiment: NEGATIVE
Our country needs to produce 250,000 net new jobs every month just to keep even with population growth.
Increased jobs are the consequence of increased trade. Increasing jobs more than output implies a fall in productivity and standards of living. That surely cannot be our goal.
Of course, a positive growth rate might be taken as evidence that a population is below its optimum.
President Obama has tried to spin the paltry new job creation numbers as 'a step in the right direction.' But, clearly, the small growth in jobs isn't even keeping up with population growth, much less returning the workforce to a healthy level.
People often focus on the downsides of population growth but neglect the upsides. These upsides may even outweigh the downsides, making a larger population a good thing overall.
People have been convinced that growth for growth's sake is a good thing.
Certainly, 9 percent unemployment and very slow growth is not a good situation.
Ultimately, stable growth will ensure that urban and rural incomes increase and people's lives improve.
We can only create good jobs if we make smarter investments in infrastructure and do more to support small businesses, not stiff them.
Worse there cannot be; a better, I believe, there may be, by giving energy to the capital and skill of the country to produce exports, by increasing which, alone, can we flatter ourselves with the prospect of finding employment for that part of our population now unemployed.
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