Monday, May 26, 2014
Krugman compares northern Europe and US on job creation
He states the facts, so regressives turn away. Those northern European countries (including France and Germany) with high taxes and generous social welfare programs are much better than the US at creating jobs. Which of course defies the regressive and specious charge that such welfare programs are a disincentive to work. The regressive claim that lower taxes on the rich will create jobs just doesn't stack up against the facts, unless by that we mean creating slave labor overseas for pennies on the dollar with no benefits or safety concerns, etc.