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« Who Jack Neo jumps is none of our business | Main | Wrong answers from the wrong questions, continued »
Tuesday
Mar092010

Post of the Day, or why I love Paul Krugman

DateTuesday, March 9, 2010 at 3:48PM

Because he sums it up better than I can when it comes to my own feelings about unemployment benefits, otherwise known in this country and others as "the welfare state that will make people lazier and keeps them unemployed".

Well, it seems that Republicans are going all in on the idea that a big reason we have high unemployment is that unemployment benefits reduce the incentive to seek work. Aside from the sheer cruelty, it’s really bad economics, but whatever.

You should read this too.

 

AuthorCallan Tham | CommentPost a Comment | Reference2 References | | |
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References (2)

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  • Source
    Source: How Little They Know the World
    by Paul Krugman at The Conscience of a Liberal on March 7, 2010
    Well, it seems that Republicans are going all in on the idea that a big reason we have high unemployment is that unemployment benefits reduce the incentive to seek work. Aside from the sheer cruelty, it’s really bad economics, but whatever.
  • Source
    Source: Supply, Demand, and Unemployment
    by Paul Krugman at The Conscience of a Liberal on March 6, 2010
    I hear through the grapevine that the usual suspects at the WSJ have put out something along the lines of “Krugman says that unemployment benefits won’t raise unemployment, but in his textbook he says they will, neener neener.” Are they really that stupid? Probably not — but they you think that you, the reader, are that stupid.

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