THE TIME FOR WORKS
That public works activity should be reduced now and increased when private employment showed signs of slackening was the view expressed at a meeting of the Hastings Chamber of Commerce. This opinion has been widely voiced and it agrees with the advice given by economists on methods of modifying the effect of booms and depressions. The Government, however, continues to carry out works on the scale set when unemployment was much greater than it is now. In fact the number of men on public 'works is probably higher now than ever. It cannot be claimed that all the works are urgent. Indeed some of them would be hard to justify except on the ground of providing employment. Nor is money in such ample supply that it can be spent without regard for returns. A reduction in taxation would be much appreciated and would assist private industry. Indeed, from all viewpoints, the Government disregard of the prudent policy of using public works as a balance to keep the volume of employment steady is inexplicable..
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19380324.2.48
Bibliographic details
Evening Post, Volume CXXV, Issue 70, 24 March 1938, Page 8
Word Count
177THE TIME FOR WORKS Evening Post, Volume CXXV, Issue 70, 24 March 1938, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in