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BPEA | 1976 No. 1Public Employment as Fiscal Policy
1976, No. 1
IN A COUNTERCYCLICAL public-employmenpt rogram, the government
attempts to expand employment during a recession and its aftermath by
creating additional jobs in the public sector. Congress and the public like
such policies, but most economists view them with suspicion. Since considerable experience with public-employment programs has developed over
the past five years, the time seems right to evaluate their operation and
potential.