tag:blogger.com,1999:blog-3758330678390419129.post9133454318872758615..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Oh Boy, Obama Plans to Nominate Alan B. Krueger as Assistant Secretary of Treasury, Economic PolicyRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3758330678390419129.post-69518937634164811892009-03-09T09:43:00.000-04:002009-03-09T09:43:00.000-04:00If this sort of idiocy makes it into policy then t...If this sort of idiocy makes it into policy then the recession will still be with us in ten years time. The frightening thing is I dont think people will wake up to the supidity of all this. rather they will happily accept the Democrat's claims that it is all Bush's fault, even 5 or 7 years from now. <BR/><BR/>Just because one person starts a bush fire doesn't excuse the next person in line not an economisthttps://www.blogger.com/profile/08679610738502901666noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-3458305892357028272009-03-09T06:02:00.000-04:002009-03-09T06:02:00.000-04:00Milton Friedman used to say, the real minimum wage...Milton Friedman used to say, the real minimum wage is zero. Governments can't change that, but they can increase the number of people of the real minimum wage by raising their legislated minimum.<BR/><BR/>Don't like Friedman? Well check out what Swedish social democrat economist Gunnar Myrdal said about the minimum wage in his 1944 "An American Dilemma".<BR/><BR/>Here is a synopsis from a recent earth that washttps://www.blogger.com/profile/03635503399458271477noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-79776442436235438912009-03-08T21:08:00.000-04:002009-03-08T21:08:00.000-04:00Thanks for this. Ouch!Thanks for this. Ouch!Econophilehttps://www.blogger.com/profile/12496820498557477267noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-38387790134487588992009-03-08T19:56:00.000-04:002009-03-08T19:56:00.000-04:00The really weird part is that you are surprised. W...The really weird part is that you are surprised. <BR/><BR/>What did you expect? Seriously.<BR/><BR/>I think we are now entering the stage of Yugoslavian economics. Let the fun begin.James Rothfeldhttps://www.blogger.com/profile/13736360504613645547noreply@blogger.com