If the jobs are make-work, of course that's true. Strikes me that most financial jobs are white-collar make-work and that's part of why we're in
this mess. But genuine jobs like repairing the infrastructure are not make-work jobs. They produce tangible economic results in the form of fewer
accidents, speedier transport, and greater overall efficiency, plus secondary jobs spinoffs. This argument reminds me of the nearsighted fools who
railed against all the money wasted "in space" on foolish projects like space stations.
They failed to realize that all the money was spent here on earth. Or rather, they knew very well it was spent here, it just wasn't going into things
that put money into their pockets. Anyway, if, and that's a big if, the money is spent on well-paying jobs that repair, replace, improve or
extend our infrastructure it might save the economy. Most business types don't care for this type of spending because it doesn't generate the
financial sector make-work cashcows: mergers and acquisitions.

