Friday, August 6, 2010

Another graph...

... but Government spending on jobs is clearly contra-indicated!

[note: HuffPost has more.]

Stop the madness!
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2 comments:

  1. Banda in barbarAugust 7, 2010 at 8:18 PM

    Friday, August 6, 2010
    Another graph...

    Hey: a graph... funny

    but Government spending on jobs is clearly contra-indicated????
    clearly ? well spending a lot, ok

    the observed rate of loss in job terms is faster than expected , if you don't have a positive reinforcement

    how you expect to Avoid a Third, fourth and so on Depression

    and the Nomura Research Institute, Tokyo
    r-koo@nri.co.jp
    do not make accurate previsions for the 10 year depression in Japonic lands

    ReplyDelete
  2. UnknownAugust 8, 2010 at 12:43 PM

    Banda: please note - my comment re: govt spending was intended as sarcasm!
    ... with consumers not spending, biz not investing, and balance of trade not in our favor, govt spending seems the ONLY way out of current condition.

    ReplyDelete

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