| Well, I think you don't really know what a job is and what efficiency should be. A job is demand that has to be fulfilled by another human being. Demand comes from desires of human beings. We as human beings, can have unlimited desires. We as human beings, are limited by time of lives. To create jobs is to create unlimited demand that need to be fulfilled with trading of time of another human beings. Efficiency is to increase the purchase power of time. Then wealth of lives of human beings. And wealth has to flow, otherwise prosperity won't appear. And desires are limited by our imagination. |
It is a shame though your downvoters elsewhere in this thread fail to appreciate your effort at explaining the --admittedly quite unintuitive-- demand side of the macroeconomy.