Double Speak

I have just read an article about how President Obama is being urged to provide tax incentives for businesses to hire more staff. This it is claimed will help the dreadful unemployment numbers.

The US State acknowledges that there are now close to 10% of people unemployed; the real number according to shadowstats.com is around 22%.

The point worth understanding here is that The State cannot provide tax incentives for employment. All it can do is reduce tax disincentives for employment.

Without The State there would be full employment.

The word ‘unemployment’ only came into existence as a concept and a fact in the latter part of the 19th century… when governments first started to seize control of economies.