Our esteemed Nobel Laureate - Paul KrugmanHere’s the narrative you hear everywhere: President Obama has presided over a huge expansion of government, but unemployment has remained high. And this proves that government spending can’t create jobs.
Here’s what you need to know: The whole story is a myth. There never was a big expansion of government spending.
If you feel compelled to read the piece... clicky
Here's a rebuttal by Charles Blahous.. clicky
Last edited by PETA; 10-22-10 at 04:54 PM.
Read: ObtuseObserver dammit