U.S. Unemployment And Krugman Shenanigans...

[JakeStratham]

The latest jobs reports is out, and it's bleak. Nothing new there. Here's a summary from CNN, and another from The Atlantic. If you want the juicy details, go here ---> (PDF).

And here's a colorful graph in case you like pretty pictures:

The interesting part is watching POTUS scramble, and then watching Boehner take advantage of the situation. And of course, there's Krugman spouting more nonsense...

It’s important to realize, by the way, that stagnant wages are NOT good for recovery; all they do is ensure that the burden of debt relative to income remains high, keeping demand and employment down.


The situation cries out for aggressively expansionary monetary and fiscal policy. Instead, however, all the political push is in the opposite direction.

Krugman is an expert on economics. His positions are unassailable. lol

Random humor break.
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[Dwight Schrute]

#1 solution: Raise taxes

More money for the government = more jobs created by the government

amirite?

 

[Benji49]

It's obvious you guys down there need more of a regulatory burden on businesses.