"The government can’t invent jobs that bring in more revenue than they cost though."
Why not? Is there some reason why a private medical researcher is somehow better than a government medical researcher?
Why not? Is there some reason why a private medical researcher is somehow better than a government medical researcher?
Nobody pays medical researchers without expecting an ROI unless it’s for a charity (in which case it’s funded by other excess value in the economy).
There isn’t really a meaningful difference between the government spending $100 to get $2 of value and spending $100 to get $0 of value. If we’re going down the unsustainable jobs path, it would be much easier to just pay everyone $80k/year to do nothing.
So what magical property of being hired by a government destroys that expected value?