The Incredible Shrinking Labor Force
Saturday, May 5, 2012
It wasn't enough.
We on the left said it at the time.
Between that and Republicans refusing to end tax breaks and incentives for outsourcing jobs, and taxing corporations and ending subsidies to corporations (which are making record profits!), this downturn was predictable and predicted.
You don't cut spending, you don't shrink government (those are jobs - teachers, police, firefighters, etc.) at times like these. You increase spending.
This is basic Keynesian economics. This isn't new ground we're breaking here - We've been here before, we know what works.
Read the Article at HuffingtonPost
0 comments:
Post a Comment