Abstract

Planning Full Employment
Hansen, Alvin H. | October 21, 1944 issue

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A full employment program requires that, on the one side, Americans must strengthen private consumption and also enlarge the area of community consumption expenditures; on the other side, it requires that Americans must engage on a large-scale and small-scale development projects, public investments, federal, state, and local, in areas that will increase the productive power and, in turn, enlarge the sphere for private investment. This is essentially what the author means by a compensatory and developmental fiscal program designed to maintain full employment.

See Also:

EMPLOYMENT (Economic theory); CONSUMPTION (Economics); ECONOMIC development; PUBLIC investments; EXPENDITURES, Public; UNITED States
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