I don’t now why I bothered spending all that time perusing the writings of Paul Krugman and Larry Summers in order to produce my previous blog post when this Michael Ramirez cartoon makes the same point in a much simpler way.
Archive for December 19th, 2010
Who Needs Krugman, Summers, and the San Francisco Fed When You Have a Ramirez Cartoon?
Posted in Economics, Jobs, Unemployment, tagged Economics, Incentives, Joblessness, Jobs, Unemployment on December 19, 2010 | 11 Comments »
Why Do Democrats (and Republicans) Want More Unemployment?
Posted in Big Government, Economics, Jobs, Unemployment, tagged Economics, Incentives, Joblessness, Jobs, Larry Summers, Paul Krugman, Unemployment on December 19, 2010 | 20 Comments »
The two main political parties are sniping at each other about the just-concluded tax deal, largely because Republicans are happy and Democrats are displeased that all of the 2001/2003 tax cuts are being extended for all taxpayers. Almost nobody is paying attention to the new spending that is in the agreement, however, most notably the [...]