03/18/2010 05:12 am ET Updated May 25, 2011

Is It Time For Another WPA? Why Government-Created Jobs Aren't The Answer

Putting aside the standard concern about central planning, there are some unintended consequences that could come with a modern WPA. This 1990 paper by Robert Margo points out that the long-term unemployed with Depression-era WPA jobs were more likely to be unskilled, and when economic conditions picked up, were less likely to get back into the private sector:

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