My wife's school suddenly had the need to hire a Kindergarten teacher for only a one-year position. It was posted in the papers in the middle of last week--and school starts in exactly one week for the teachers.
And forty-five people applied for it. Forty-five.
One of the great living economists is Richard Rahn. He explains that "juveniles" are in charge of the economy. (He has a great story about Sir Anthony Fisher and sea turtles, well known in libertarian circles.) So a double-dipper (or worse) recession, here we come. It sucks, but that's what we get with Carter Redux:
And forty-five people applied for it. Forty-five.
One of the great living economists is Richard Rahn. He explains that "juveniles" are in charge of the economy. (He has a great story about Sir Anthony Fisher and sea turtles, well known in libertarian circles.) So a double-dipper (or worse) recession, here we come. It sucks, but that's what we get with Carter Redux:
Most clear-thinking adults, even without formal training in economics, can understand that if the government greatly increases regulations on business (not justified by serious cost-benefit analysis) and increases taxes on labor and capital, the cost of doing business will rise; hence, businesses will have to hire fewer workers. Obviously, these basic concepts have eluded a majority of the members of Congress and many in the administration because this is precisely what they have been doing.
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