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Re: Kasich delivers Ohio

By: Cactus Flower in ALEA | Recommend this post (0)
Tue, 23 Feb 16 11:19 AM | 83 view(s)
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Msg. 18202 of 54959
(This msg. is a reply to 18201 by Cactus Flower)

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i feel like paul krugman is stalking me.

http://www.nytimes.com/2016/02/22/opinion/cranks-on-top.html


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The above is a reply to the following message:
Re: Kasich delivers Ohio
By: Cactus Flower
in ALEA
Mon, 22 Feb 16 9:53 PM
Msg. 18201 of 54959

nice example of the efficiency of altruism: extending benefits to the unemployed during the recent downturn not only saved the lives of those who were unlucky but also contributed to consumption - thereby helping the economy in its recovery.

sure, borrowing generates debt. but the spiral of a demand-free economy is altogether a worse situation.


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