Jim Stanford Quotes

If there are not sufficient jobs to go around then government must create jobs to give everyone an opportunity

Employment no longer responds to governments …

Generous unemployment benefits can increase both structural and frictional unemployment. So government policies intended to help workers can have the undesirable side effect of raising the natural rate of unemployment.

President Bush is now focusing on jobs. I think the one job he's focusing most on is his own. The White House is now backtracking from its prediction that 2.6 million new jobs will be created in the U.S. this year. They say they were off by roughly 2.6 million jobs.

To reduce inequality, employment must be sustained by appropriate macroeconomic policy.

Society and state need to afford protection against the nightmare of unemployment through economic policies that ensure balanced growth and full employment or through unemployment insurance and retraining programs.

The first duty of this government is to give the workers work.

We want to export our products but not our jobs.

Any system of economics is bankrupt if it sees either value or virtue in unemployment.

The Keynesian prescription for unemployment rests on the persistence of a 'money illusion' among workers, i.e., on the belief that while, through unions and government, they will keep money wage rates from falling, they will also accept a fall in real wage rates via higher prices.

Americans underemployed or unemployed and a President Trump will put them back to work.

The hollowing out of the middle class. That's not just about capitalism or the structure of taxation. That is also about the fundamental truth that machines can do a lot of things better than humans used to do. A lot of those people are being pushed down to do less value-adding jobs, so they get paid less money.

Higher taxes kill jobs. Regulations kill jobs.

One of the great constraints on economic growth and employment is that the tax and benefits system has grown up over generations and does not give the right incentives. Increasing the minimum wage does not solve this problem.

Unfortunately, we have to dial down low-skilled immigration. We have to recognize that there is more unemployment among the lesser-skilled workers than among the most-skilled workers.

Are we prepared for an economy in which 50 percent of people aren't working?

Class warfare has never created a job.

If you are trying to favor the unions by having more rigid labor market and keeping wages very high, you could be blocking people from getting new jobs.

President Bush went out touting his economic record in Ohio last week. Now this is a state that lost 225,000 jobs since Bush took office. You know, if Bush wants to tout his record, he should do it somewhere where the Bush economy has actually created jobs, like India, or Thailand, or China.

It is well known that unemployment benefits raise unemployment durations.

[U]nemployment is ... a side effect of the cure for inflation.

Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not.

Government does not create jobs. Government does not create jobs.

The Trump plan is a different plan. It's a you're fired plan. And there's two key elements to it. First, Donald Trump said wages are too high. And both Donald Trump and Mike Pence think we ought to eliminate the federal minimum wage.

President Obama is coming under criticism now for not meeting with his jobs council. He hasn't met with his jobs council in over six months. You know the reason Obama hasn't met with his job council in six months? They're all out looking for jobs.