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Jobs and Causality

When one event follows another the laws of causality may be invoked to suggest that there was cause and effect at work. That may be the case, but it is often more likely that chance or other reasons were more likely the source of any cause and subsequent effect. This is never more true than in the case of our economy, with its complicated ebbs and flows based on the actions of market participants, and the now not so recent Federal Government "stimulus". As analyzed by Steve Chapman this notion is a "fantasy" as the growth of jobs cannot be attributed to the stimulus. Even if the stimulus spending was complete, which it is not, and had the effect of generally creating jobs, which it does not, the fact remains that the government cannot create new jobs.

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