tag:blogger.com,1999:blog-3621026.post8674258399117238350..comments2024-03-29T06:05:04.162+01:00Comments on Robert's Stochastic thoughts: Roberthttp://www.blogger.com/profile/14455788499385673507noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3621026.post-40301295324793990152007-03-03T16:20:00.000+01:002007-03-03T16:20:00.000+01:00As an object of monetary policy should be to stimu...As an object of monetary policy should be to stimulate employment, so fiscal policy should be employment oriented, so structural legislation should be employment oriented. Push for this continually, which is a reason I want union organization to be simplified and unions properly protected by a labor department different than presently.<BR/><BR/>Employment subsidies as in Europe, Australia, Japan, from health care to investment-employment credits, and on, should be used. Infrastructure development should be planned with employment stimulation and greenness always in mind. Work visas should be much limited or reciprocation asked. Public college-university education needs to be far less costly.<BR/><BR/>Think New Deal. Think what Franklin Roosevelt was able to do in resolving the dust bowl tragedy, and think of employment to continually green America.<BR/><BR/>anneAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3621026.post-17472081559808158392007-03-03T11:55:00.000+01:002007-03-03T11:55:00.000+01:00After convincing the Japanese to allow a dramatic ...After convincing the Japanese to allow a dramatic devaluation of the dollar in 1985 and convincing them to increase domestic business activity in 1987, when they should have been limited growth, we set the stage for a deflation and a decade of selectively stalled growth in Japan from 1992.<BR/><BR/>China will not make the mistake of Japan; China will not be unduly pushed by America.<BR/><BR/>I never understand what Brad Setser is complaining about though.Anonymousnoreply@blogger.com