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The unemployment figures pulverize
any remaining argument for stimulus
spending

Telegraph [UK], by Daniel Hannan

Original Article

Posted By:Attercliffe, 2/20/2013 1:15:52 PM

There are more than 580,000 additional people in work than twelve months ago. The jobless total fell by 14,000 in the last three months for which we have figures, and the total number of people who are unavailable for work is now lower than at any time since… well, since the last Conservative Government. These figures are quite a blow to all those Keynesians who have been insisting that unemployment would reach unprecedented levels as a result of the government´s refusal to spend more. In 2009, the economist David Blanchflower forecast that, if David Cameron was in power, unemployment would

      


Post Reply  

Reply 1 - Posted by: Immanuel Goldstein, 2/20/2013 1:38:02 PM     (No. 9186988)

Keep your eye on Daniel Hannan. He´s one of the good guys.


Reply 2 - Posted by: JAN, 2/20/2013 2:10:29 PM     (No. 9187086)

Ha ha ha. Hoist by his own lie.

If unemployment goes down he can´t cry for more more more spending.


   

 

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B-G1


 
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