The Keyniacs (and Romer is one) can't figure things out because they look at the economy backwards. Businesses have to expand -- therefore hiring labor --
before their precious aggregate demand can increase.
Supply creates demand -- not the inverse.
Stupid, stupid Obama regime.
2 posted on
04/17/2010 11:52:27 AM PDT by
BfloGuy
(It is not from the benevolence of the butcher, the brewer, or the baker, that we can expect . . .)