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Great Ironies of Economic Policy

One of the great ironies of economic policy is that the historical role of the Vietnamese Communist Party has turned out to be that of a union-busting gang labor boss for Nike and other first-world manufacturing corporations.

Max Sawicky identifies a second great irony:

MaxSpeak, You Listen!: IT HAS COME TO THIS : Forgive me for repeating myself, but for job growth, this has been one stinky recovery.... [A]ctual job growth can be accounted for by growth in public sector jobs. And there's nothing wrong with that. However: The upshot is that the triumph of Republican-conservatarian economic policy consists of an expansion of government jobs financed by loans from the Communist People's Republic of China.

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