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Siders1987 t1_itzjod2 wrote

Didn't Roosevelt do something similar with his "new deal" project? Pay people to do jobs that didn't require doing to help flood more money into the economy thus creating more jobs due to increase in sales and demand?

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wasdlmb t1_iu0cxeo wrote

New deal was peak Keynesean economics. It's actually where a lot of Keynes's ideas first saw implementation.

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stillnotking t1_iu1yhj1 wrote

Sort of, but the jobs weren't make-work. The CCC did actually useful things like build flood-control ponds. One of them is down the hill from my house.

It's just that no one would have paid them to do the work, if the government hadn't.

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