Perspective of a 64 year construction worker

[georgephillip]

That just stupid. Of course the private sector can provide the jobs. The private sector is being held back with regulations and expenses. There's quite a lot of bullshit involved in just a one man operation. A crew is a nightmare, you pretty much need an accountant on board. And a lawyer.

Here is something else holding back the productive sector:

The "Miracle of Compound Interest" grows debt faster than the productive economy's ability to pay. Since neither money nor credit is a factor of production, and debtors do the work necessary to pay their creditors, this means that interest is not a return to a factor of production and little credit is used to expand production or capital investment. Instead most of it is used to transfer asset ownership.
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf(pp.32-33)

 

[EdwardBaiamonte]

[
Here is something else holding back the productive sector:

productive sector is held back by liberals who oppose capitalism. Capitalism is based on productivity while liberals oppose this.