Posted on 11/06/2009 3:05:03 PM PST by blam
Krugman: It's Time For The WPA
Joe Weisenthal
Nov. 6, 2009, 12:08 PM
We wondered if Paul Krugman would use this morning's 10.2% unemployment reading as an excuse to call for another stimulus.
Indeed:
You can make a pretty good case that just employing a lot of people directly would be a lot more cost-effective; the WPA and CCC cost surprisingly little given the number of people put to work. Think of it as the stimulus equivalent of getting the middlemen out of the student loan program.
So why arent we doing this? Politics, of course: government is the problem, not the solution, even when it is, you know, the solution, and cheaper than running things through the private sector.
[snip]
(Excerpt) Read more at businessinsider.com ...
Krugman needs to go away......this guy worse than Gibbs running his moronic mouth.....
“Comrade can you spare a dime?” No thanks schmuck. It’s time to cut spending and taxes.
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