Blog September 2011
Job Creation Ideas in HuffPo
byThomas Masterson and Pavlina Tcherneva were interviewed by the Huffington Post for an article on job creation policy. Tcherneva discussed the idea of a modern-day WPA, echoing a call she made at the outset of the Obama administration (in this policy note) for the government to provide an explicit employment guarantee targeting the unemployed. Masterson highlighted his research with a team at the Levy Institute on the employment and distribution benefits of investing in social care services like early childhood care and home health care for the elderly, and poured cold water on the idea of providing tax incentives for new hiring (“If they can’t sell the stuff that they can make now, then why are they going to hire more people?”).