Falácias da "criação de emprego"

3 Fallacies in Obama's Public-Sector Stimulus Strategy — Paying people to do busy work won't revive the U.S. economy. por Shikha Dalmia:

.. more government spending means a shrinking private sector, and there are three main reasons why.

One. Obama’s talk of a public-sector stimulus is guided by the Keynesian conviction that what’s necessary to restore overall economic growth is large aggregate demand. If local governments are handed money to hire more public workers—teachers, cops, librarians, social workers—these people will consume more goods and services, which will stimulate other industries. Every dollar pumped into their pockets will magically multiply into several more.

If boosting aggregate demand is what’s needed, why bother creating jobs? Uncle Sam can simply send every unemployed person a generous check with the proviso that it can’t be saved ..

Every (unsubsidized) job in the private sector exists because it generates more in wealth or value than it consumes in resources—and hence grows the economic pie. That’s not the case with the public sector.

Two. But suppose that “free” money appeared like manna from heaven to finance the stimulus spending Obama craves. Then boosting aggregate demand would complement private-sector activity and boost overall growth, right? Wrong.

.. this money produced not private-sector growth but retrenchment. Indeed, in every state, virtually every affected firm—large and small—cut payroll, investment, and other expenses. Why? As publicly funded enterprises grew, they crowded out demand and resources from private ones.

Three. The public sector doesn’t just indirectly crowd out private job growth but directly clobbers it as well. That, in fact, is why the regulatory state—the main public-sector enterprise—exists ..

Can anyone seriously argue that handing more stimulus funds to more regulatory agencies—something that would inevitably happen given that money is fungible—to hire more bureaucrats to write more regulations will mean more net job growth?