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Guns Guns Guns
Guest
The GOP bailed out the banks, Wall Street, and the rich.
How?
By government spending.
What do the rest of Americans get?
The GOP wants to slash government spending for most Americans.
Fewer benefits - benefits Americans thought they could count on. Benefits they were promised. Benefits they've earned. Benefits they need.
Right now, I'm worried about the damage that might be done by one particularly wrong-headed idea: the notion that, in stark contrast to Keynes's teaching, government spending destroys jobs.
No, that's not a typo.
House Speaker John Boehner and other Republicans regularly rail against "job-killing government spending."
Think about that for a minute. The claim is that employment actually declines when federal spending rises.
Using the same illogic, employment should soar if we made massive cuts in public spending, as some are advocating right now.
Acting on such a belief would imperil a still-shaky economy that is not generating nearly enough jobs.
So let's ask: How, exactly, could more government spending "kill jobs"?
http://online.wsj.com/article/SB10001424052702303635604576392023187860688.html
How?
By government spending.
What do the rest of Americans get?
The GOP wants to slash government spending for most Americans.
Fewer benefits - benefits Americans thought they could count on. Benefits they were promised. Benefits they've earned. Benefits they need.
Right now, I'm worried about the damage that might be done by one particularly wrong-headed idea: the notion that, in stark contrast to Keynes's teaching, government spending destroys jobs.
No, that's not a typo.
House Speaker John Boehner and other Republicans regularly rail against "job-killing government spending."
Think about that for a minute. The claim is that employment actually declines when federal spending rises.
Using the same illogic, employment should soar if we made massive cuts in public spending, as some are advocating right now.
Acting on such a belief would imperil a still-shaky economy that is not generating nearly enough jobs.
So let's ask: How, exactly, could more government spending "kill jobs"?
http://online.wsj.com/article/SB10001424052702303635604576392023187860688.html