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. And I found myself remembering a passage near the beginning of The Treasure of the Sierra Madre:
Anyone who is willing to work and is serious about it will certainly find a job. Only you must not go to the man who tells you this, for he has no job to offer and doesn’t know anyone who knows of a vacancy. This is exactly the reason why he gives you such generous advice, out of brotherly love, and to demonstrate how little he knows the world.
Paul Krugman, New York Times
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment