--- title: "Meaning & Key Takeaway of: If there's unemployment, having the…" description: "\"If there's unemployment, having the government help reduce that unemployment, increase employment directly is a pretty good idea. It's not driving out ..." image: "https://sms4smile.com/quotes/i/df3/jeremy-grantham-11433_competition_if-there-s-unemployment-having-the-gover_1518249.png" --- # If there's unemployment, having the government help reduce… ![“If there's unemployment, having the government help reduce that unemployment, increase employment directly is a pretty good idea. It's not driving out competition; it's not crowding out.” quote by Jeremy Grantham](https://sms4smile.com/quotes/i/df3/jeremy-grantham-11433_competition_if-there-s-unemployment-having-the-gover_1518249.png) [Download](https://sms4smile.com/quotes/i/df3/jeremy-grantham-11433_competition_if-there-s-unemployment-having-the-gover_1518249.png) [Open image](https://sms4smile.com/quotes/i/df3/jeremy-grantham-11433_competition_if-there-s-unemployment-having-the-gover_1518249.png) > “If there's unemployment, having the government help reduce that unemployment, increase employment directly is a pretty good idea. It's not driving out competition; it's not crowding out.” [Jeremy Grantham](https://sms4smile.com/quotes/author/jeremy-grantham/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Government intervention can directly reduce unemployment by creating jobs without crowding out private competition. **In simple terms:** State aid can boost jobs without harming markets. Key Takeaway Support targeted job‑creation programs. Themes employment government policy market dynamics public welfare Mood analytical optimistic Type policy economic When to use this quote - recession response - regional development - skill training programs Key Concepts macroeconomics fiscal policy labor economics Questions to Reflect On - How can we ensure job programs are efficient? - What safeguards prevent market distortion? A Different Perspective Effectiveness depends on implementation and funding. ★ ★ ★ ★ ★ No ratings yet [Competition](https://sms4smile.com/quotes/about/competition/) [Directly](https://sms4smile.com/quotes/about/directly/) [Driving](https://sms4smile.com/quotes/about/driving/) [Employment](https://sms4smile.com/quotes/about/employment/) [Employment Directly](https://sms4smile.com/quotes/about/employment-directly-5606020/) [Good](https://sms4smile.com/quotes/about/good/) [Good idea](https://sms4smile.com/quotes/about/good-idea/) [Government](https://sms4smile.com/quotes/about/government/) [Having](https://sms4smile.com/quotes/about/having/) [Help](https://sms4smile.com/quotes/about/help/) [Idea](https://sms4smile.com/quotes/about/idea/) [Increase](https://sms4smile.com/quotes/about/increase/) [Increase Employment](https://sms4smile.com/quotes/about/increase-employment-658163/) [Out](https://sms4smile.com/quotes/about/out/) [Politics](https://sms4smile.com/quotes/about/politics/) [Pretty](https://sms4smile.com/quotes/about/pretty/) [Pretty good](https://sms4smile.com/quotes/about/pretty-good/) [Reduce](https://sms4smile.com/quotes/about/reduce/) [Reduce Unemployment](https://sms4smile.com/quotes/about/reduce-unemployment-2526217/) [Unemployment](https://sms4smile.com/quotes/about/unemployment/) [Unemployment Having](https://sms4smile.com/quotes/about/unemployment-having-4600964/) ## Related quotes > [This crisis of long-term unemployment is having a profoundly damaging impact on the lives of those bearing the brunt of it. 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The fact is we are going to open over hundreds of stores this year and next and increase employment by…](https://sms4smile.com/quotes/john-schnatter/i-never-said-that-the-fact-is-we-are-going-to-open-over-hundreds-of/) [John Schnatter](https://sms4smile.com/quotes/author/john-schnatter/) > [Pleasures of the mind have this advantage,--they never cloy nor wear themselves out, but increase by employment.](https://sms4smile.com/quotes/frances-power-cobbe/pleasures-of-the-mind-have-this-advantage-they-never-cloy-nor-wear/) [Frances Power Cobbe](https://sms4smile.com/quotes/author/frances-power-cobbe/) > [The real solution to the problem of poverty consists in finding how to increase the employment and earning power of the poor.](https://sms4smile.com/quotes/henry-hazlitt/the-real-solution-to-the-problem-of-poverty-consists-in-finding-how/) [Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/) > [We used to think that you could spend your way out of a recession and increase employment by cutting taxes and boosting government spending.…](https://sms4smile.com/quotes/james-callaghan/we-used-to-think-that-you-could-spend-your-way-out-of-a-recession-and/) [James Callaghan](https://sms4smile.com/quotes/author/james-callaghan/) > [When some Republican governors asked to try new ways to put people on welfare back to work, the Obama Administration said they would only…](https://sms4smile.com/quotes/william-j-clinton/when-some-republican-governors-asked-to-try-new-ways-to-put-people-on/) [William J. Clinton](https://sms4smile.com/quotes/author/william-j-clinton/) > [Expansion and modernization of the nation's productive plant is essential to accelerate economic growth and to improve the international competitive position of American industry…](https://sms4smile.com/quotes/john-f-kennedy/expansion-and-modernization-of-the-nation-s-productive-plant-is/) [John F. Kennedy](https://sms4smile.com/quotes/author/john-f-kennedy/) > [Since becoming Governor, I have made it my priority to increase employment opportunities for all Alabamians.](https://sms4smile.com/quotes/kay-ivey/since-becoming-governor-i-have-made-it-my-priority-to-increase/) [Kay Ivey](https://sms4smile.com/quotes/author/kay-ivey/) > [In Wisconsin, we understand people create jobs, not the government. Those who choose to employ - be it one or many - are to…](https://sms4smile.com/quotes/scott-walker/in-wisconsin-we-understand-people-create-jobs-not-the-government/) [Scott Walker](https://sms4smile.com/quotes/author/scott-walker/) > [To really understand something you've got to reduce it to its principles.](https://sms4smile.com/quotes/milton-friedman/to-really-understand-something-you-ve-got-to-reduce-it-to-its/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [If you reduce the guns and the ammo, you'll reduce the murders.](https://sms4smile.com/quotes/michael-moore/if-you-reduce-the-guns-and-the-ammo-you-ll-reduce-the-murders/) [Michael Moore](https://sms4smile.com/quotes/author/michael-moore/) ## More by Jeremy Grantham > [The investment business has taught me – increasingly as the years have passed – that people, especially investors (and, I believe, Americans), prefer good…](https://sms4smile.com/quotes/jeremy-grantham/the-investment-business-has-taught-me-increasingly-as-the-years-have/) [Jeremy Grantham](https://sms4smile.com/quotes/author/jeremy-grantham/) > [The stock market is overpriced. 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Long term, you would probably…](https://sms4smile.com/quotes/jeremy-grantham/when-it-comes-to-portfolios-my-personal-advice-is-for-anyone-who-can/) [Jeremy Grantham](https://sms4smile.com/quotes/author/jeremy-grantham/) > [By background I'm both a Quaker and a Yorkshireman, which I like to call double jeopardy.](https://sms4smile.com/quotes/jeremy-grantham/by-background-i-m-both-a-quaker-and-a-yorkshireman-which-i-like-to/) [Jeremy Grantham](https://sms4smile.com/quotes/author/jeremy-grantham/) > [Volatility is a symptom that people have no idea of the underlying value-that they have stopped playing the asset game. They're not buying because…](https://sms4smile.com/quotes/jeremy-grantham/volatility-is-a-symptom-that-people-have-no-idea-of-the-underlying/) [Jeremy Grantham](https://sms4smile.com/quotes/author/jeremy-grantham/) > [Libertarians believe that any government interference is bad. Anyone with a brain knows that climate change needs governmental leadership, and they can smell this…](https://sms4smile.com/quotes/jeremy-grantham/libertarians-believe-that-any-government-interference-is-bad-anyone/) [Jeremy Grantham](https://sms4smile.com/quotes/author/jeremy-grantham/) > [Think how weird profit margins are: We've got high unemployment and financial crises - and world record profit margins. 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We have finite resources, and we're running out of good, arable land.](https://sms4smile.com/quotes/jeremy-grantham/we-live-on-a-finite-planet-we-have-finite-resources-and-we-re-running/) [Jeremy Grantham](https://sms4smile.com/quotes/author/jeremy-grantham/) [Explore all 60 Jeremy Grantham quotes ](https://sms4smile.com/quotes/author/jeremy-grantham/) ## More Competition quotes > [The Copa del Rey is a different competition. It is football in its purest form and is different from the continuity of the league.](https://sms4smile.com/quotes/michael-laudrup/the-copa-del-rey-is-a-different-competition-it-is-football-in-its/) [Michael Laudrup](https://sms4smile.com/quotes/author/michael-laudrup/) > [I can skate beautifully. While performing on ice I always try to please the audience and to win as well. 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But I can tell you that my biggest competition…](https://sms4smile.com/quotes/michelle-kwan/if-you-ask-another-competitor-they-may-tell-you-they-felt-very/) [Michelle Kwan](https://sms4smile.com/quotes/author/michelle-kwan/) > [“At times, competition can be a good thing. But a person's value isn't something that can be ranked, is it?”](https://sms4smile.com/quotes/hotaru-odagiri/at-times-competition-can-be-a-good-thing-but-a-person-s-value-isn-t/) [Hotaru Odagiri](https://sms4smile.com/quotes/author/hotaru-odagiri/) > [Our competition has always been anything that is wasting your time when you're bored at work. In a broad sense. We want people to…](https://sms4smile.com/quotes/alexis-ohanian/our-competition-has-always-been-anything-that-is-wasting-your-time/) [Alexis Ohanian](https://sms4smile.com/quotes/author/alexis-ohanian/) > [I've always considered making it legal for Americans to import their prescription drugs a free-trade issue. 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