Unemployment: Direct Government Hiring Could Be The Solution

10/03/2010 05:12 am ET | Updated May 25, 2011
  • VISHESH KUMAR DailyFinance

How much of an impact the stimulus has actually had on unemployment so far, though, gets overlooked in the dueling prophecies.

But straightforward suggestions that can actually help put the country's record long-term unemployed back to work tend to get far less glory. And one such far-more-levelheaded recommendation comes from Yale economist Robert Shiller: The U.S. government should simply hire workers directly for public services, much as it did during the Great Depression.

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