Monday, June 21, 2010

Spend and (Not) Hire

Over at The Corner, Veronique de Rugy shows us this chart:

Now, there is a lag effect between spending and hiring, but I think this tells us all we need to know when we are asked to support the Democrats and their desire to spend another $150 billion to shore up teachers' jobs.

One of our best friend's daughter is a her second year. She was laid off at the end of May. That's pretty bad. But she now has 2 offers and she's going to have a job in September. As she says, "I don't want that's just my salary being taken away from me as taxes and given to someone else who can't compete with me for a job".

From the mouths of babes...

H/T The Corner

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