Sat Feb 4th, 2006 at 07:38:00 AM EST
The wonders of flexible labor markets at work:
Promoted by Colman. What is the lesson for the rest of us? (Back from FP on 2-4)
Nathan Newman: All Bush Job Growth due to Government Spending
As this EPI study details, subtract out the government funded jobs, mostly due to the defense sector, and NO net jobs have been added under Bush's watch. So that means tax cuts have accomplished ZILCH in encouraging private sector job creation. It's all increased government spending.
Max Sawicky: It Has Come to This
. . . for job growth, this has been one stinky recovery.
It happens that the extent of actual job growth can be accounted for by growth in public sector jobs. And there's nothing wrong with that. However.
The upshot is that the triumph of Republican conservatarian economic policy consists of an expansion of government jobs financed by loans from the Communist Peoples Republic of China.