Econ 210a: Weekly Memo Question: Jan 29
Econ 210a: Weekly Memo Question: Feb 5

Monday Hoisted from Comments: This Is Brad DeLong's Grasping Reality...: A View of Obamacare from Raleigh, NC

John E.: A View of Obamacare:

Way back in the '80´s, during a downturn in the Oil Patch, a Wall Street Journal reporter visited several highly-skilled Texans who suddenly found themselves without work. One, after describing the hardships of raising a family without income, confessed to finally having to accept unemployment insurance. Whereupon he burst into tears, protesting that he was no socialist, and, in so many words, vowing to make the liberals who had so humiliated him with such an indignity, pay, once he was on his feet again, and able to defend himself. That was what made me finally realize some of what we're up against.