Friday, July 2, 2010
More Unemployment Is the Key to Stimulus!
Nancy Pelosi is being appropriately mocked for her strange assertion that subsidizing unemployment is a great way to "stimulate" the economy, but keep in mind that this she is just mindlessly regurgitating standard Keynesian theory. Here are two videos. The first is Pelosi's ramblings and the second is my analysis of Keynesian economics. I hope my words are more convincing.
Labels:
Joblessness,
Keynes,
Keynesian economics,
Pelosi,
Unemployment
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