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We don't need no government jobs---hey, wait, what about unemployment?

Discussion in 'BBS Hangout: Debate & Discussion' started by Northside Storm, May 15, 2012.

  1. Northside Storm

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    not the greatest analysis, as it rests only on UE rate, which...eh. the article acknowledges that by making an offhand reference to labour market flows...then does it anyways :/

    But an interesting piece for those who want to eat their cake with pie. Want the public sector out? Don't complain about unemployment. Score another reason for why balanced budget amendments are arbitrary and nonsensical.

    http://blogs.wsj.com/economics/2012/05/08/unemployment-rate-without-government-cuts-7-1/

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