Duncan Black Reminds Us That Governments Have Eliminated Half a Million Public Sector Jobs since July 2009...
Profoundly stupid. Stupid. Stupid. Stupid. Stupid. Stupid. Stupid. Stupid. STUPID!!
When financial markets are desperate for the safe financial assets created when a credit-worthy government hires people and borrows to pay them, when the unemployed are desperate for jobs, and when lots of useful things the government can make and do are left unmade and undone...