He said massive fiscal deficits will constrain economic growth and job creation, increase inflationary risks, boost interest rates, and reduce private investment in productive enterprises.

VOA: standard.2010.04.21

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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