The GOP, Seinfeld, Woody Allen and the Case Against Austerity

Although applied economics is a rather complicated matter, it seems to me that an eighth-grader should be able to figure out that policies that reduce the number of folks out there with cash to buy stuff will hinder an economic recovery, not hasten one. I am referring to the unprecedented cuts on state and local levels that have rendered unemployed thousands of public sector workers such as policemen, teachers and firefighters.… [Read more]