Yes, Mitt Romney Believes That Government Spending--and Thus the Americans Jobs Act--Boosts Employment. Why Do You Ask?
Paul Krugman:
Mitt Romney, Weaponized Keynesian - NYTimes.com: OK, I missed this. From Romney’s acceptance speech, attacking Obama:
His trillion dollar cuts to our military will eliminate hundreds of thousands of jobs, and also put our security at greater risk; His $716 billion cut to Medicare to finance Obamacare will both hurt today’s seniors, and depress innovation – and jobs – in medicine….
OK, so deficit spending hurts the economy — unless it’s spending on the military (or on the medical-industrial complex), in which case cutting spending destroys jobs…
