Weekly jobless claims hit nine-month high.

[opebo]

Hmmm.....maybe we need more govt?

Precisely.  The government is not creating jobs.  That is what we need it to do.

[opebo]

Unemployment isn't the kind of thing for the federal government to manage.

Who do you think manages macroeconomics?  The local Burroughs?

Hmmm.....maybe we need more govt?

Precisely.  The government is not creating jobs.  That is what we need it to do.

Government does not exist to create jobs, what its to do is create the environment for jobs to be created in the private sector.

We're saying the same thing, friend.  The 'private sector' is just a myth.

[opebo]

We're saying the same thing, friend.  The 'private sector' is just a myth.

That is the thinking that kept us in this recession for the last 18 months.

No, allowing the 'private sector' control over the government economy is what kept us in this recession.  The whole economy and society is organized and run by the government.  What we call 'private' are those aspects that we allow a petty aristocracy (the rich) to govern willy-nilly which have failed.

I agree. This is why the government needs to create demand in the economy, so that companies will invest their cash into utilizing more capacity.

But Opebo told me we already had too much capacity. I am so confused now. I need to take a toke.

No, the purpose of the government creating demand is just to put the idled capacity to work.  Eventually as we get into a more normal or optimum level of capacity usage, owners will start to invest in more.  We're pretty far from that point at present.