In Slate, Dan Gross attacks "nutso" claims the government doesn't creates jobs. He singles out Michael Steele's for saying, "Let's get this notion out of our heads that the government create jobs. Not in the history of mankind has the government ever created a job."
Gross writes: "These claims are so peculiar that it's hard to know where to begin. Contrary to Steele's assertion, in the history of mankind, the government has in fact created many, many jobs (including the one he held for a few years: lieutenant governor of Maryland)."
This is news to me. This morning, the Labor Department reported that initial jobless claims rose by 35,000 to reach 626,000, a 26-year high. So let's make all those folks the lieutenant governor of Maryland.
Problem solved.
Related Headlines
- Peridot Capitalist Named One of 25 Best Financial Blogsposted 732 weeks ago on The Peridot Capitalist
- Life, under a rockposted 795 weeks ago on NakedShorts
- Continuing Jobless Claims RISE!posted 734 weeks ago on Ticker Sense
- Today's Job Reportposted 730 weeks ago on CrossingWallStreet.com
- The 10-Year T-Bond Yield Plungesposted 793 weeks ago on CrossingWallStreet.com
- Jobless claims dip to 330K, in line with consensusposted 793 weeks ago on BloggingStocks
- A Look at Apple's 10-Kposted 794 weeks ago on CrossingWallStreet.com
- The Geithner Planposted 730 weeks ago on CrossingWallStreet.com
- My Favorite Linksposted 794 weeks ago on CrossingWallStreet.com