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Newly Fashionable, Still Wrong
Posted by Pejman Yousefzadeh on Wed Jan 28, 2009 at 11:09:49 PM EST
Alan Reynolds on Keynesian fiscal stimulus. He notes that for the creation of every job, we are spending $275,000. That's a lot of money and should leave one smacked by gob, but I suppose that it is a bargain considering the fact that for every government job we are creating, we are spending $646,214.
Your HopeAndChange at work. Or, perhaps more accurately, your HopeAndChange pretending to take work seriously; I pray that in private, the President and the members of his Administration do not actually think that these proposals are intellectually defensible in any way. I would be terrified if they did.
| < In Which I Agree Wholeheartedly With President Obama | Keynesian Stimulus Passes The House . . . Though It Shouldn't Have > |
Newly Fashionable, Still Wrong | 0 comments ( topical, 0 hidden)
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