A number of economists tell us if we can cut spending it will lead to a better environment for job creation in America
John Boehner, Speaker of the House.
Exactly what number of economists would that be, John? One? Two? Because the vast preponderance of economists, at least those located anywhere on the Earth think otherwise. And you don’t have to throw your lot in with a bunch of pointy-headed intellectuals either, because that’s an experiment that’s been tried. In fact, they’re trying it right now in the UK and, hey presto!, it’s costing jobs not creating them. And the UK’s experience is far from being an outlier in this regard. Cutting government spending to “create” jobs is something that’s never been shown to, you know, work. Ever.
Exactly what number of economists would that be, John? One? Two? Because the vast preponderance of economists, at least those located anywhere on the Earth think otherwise. And you don’t have to throw your lot in with a bunch of pointy-headed intellectuals either, because that’s an experiment that’s been tried. In fact, they’re trying it right now in the UK and, hey presto!, it’s costing jobs not creating them. And the UK’s experience is far from being an outlier in this regard. Cutting government spending to “create” jobs is something that’s never been shown to, you know, work. Ever.
Lemkin 