Monday, October 5, 2009

New Deal Reasoning

Hey I'm not complaining 'cause I really need the work
Hitting up my buddy's got me feeling like a jerk
Hundred dollar car note, two hundred rent
I get a check on Friday, but it's all ready spent
--Huey Lewis & The News

Robert Reich engages in another piece of 'make work' drivel. The argument is that government needs to increase spending (beyond the trillion$ of stimulus already in motion) to get more people working.

As for issue of ladeling on even more debt to pay for the make work programs, well, according to Mr Reich we'll have to deal with that later.

I suppose this is what passes for well reasoned thought at Berkeley, eh Professor?

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