Obama naively believes that we can achieve more job creation and productive work by virtue of raising the penalty on both.

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Mr Bhalla worries that this sort of spending does less to help the poor than, say, the creation of productive jobs.

ECONOMIST: The economy

For Friedman, vouchers would break local government education monopolies and spark the creation of new, better, and more productive schools.

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Incentives are consequently slashed for productive activity, such as savings, investment, work, business expansion, business creation, job creation, and entrepreneurship.

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Incentives are consequently slashed for productive activity, such as saving, investment, work, business expansion, business creation, job creation, and entrepreneurship.

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Tax rate cuts promote economic growth and prosperity because they increase the proportion producers can keep of what they produce, which increases incentives for productive activity such as saving, investment, starting businesses, expanding businesses, job creation, entrepreneurship, and work.

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The problem is that they tend to operate in a professional environment that has simply ignored all of the investment in technology, tool creation, and efficient workflow that have made the rest of the economy more productive.

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In line with marketing strategies, the productive processes as such were carried out by small scale enterprises, whereby preference was given to the creation of employement opportunities for women.

UNESCO: Background