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    Obama Jobs Strategy In One Sentence

    Obama Jobs Strategy In One Sentence

    Thanks to @DDsModernLife for pointing out this comment by reader A. Dumas, in response to my post Houdini Economics:

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    There was no unemployment in the former Soviet Union. It was against the law to not have a job (unless you were disabled).

    The government assigned jobs to people, and they had better show up. This policy was supported by the Soviet custom of not paying much, or anything in many cases.

    Soviet workers had a motto: "They pretend to pay us, and we pretend to work".

    This system worked for a long time until there was an unfortunate reorganization. Maybe we will do better.

    I agree with Garland, but the old Soviet Union also decreased the labor pool by starving, murdering, transferring to the Gulag (where they died) upwards of 20million people. That reduced unemployment


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