Invest in private sector and cut work hours

I WISH to outline a few suggestion to improve our economic situation.

Invest in private sector and cut work hours

Instead of “trickle down economics” we should pursue a “bubble up theory”. The former worked during the Great Depression but our current state calls for a different approach.

Instead of pumping money into the banks – some should be, but not at the present rate – we should pump it into creating jobs through the small business sector and corporations. Specifically, jobs that permit the worker to put in 24-to-30 hours a week – gradually reducing the work week for all from 40 to 24/30 hours. This will bring full employment (in the case of Ireland prohibiting unemployment by law to rise higher than 4%).

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