In his NY Times economics blog, Uwe Reinhart offers a fact-based defense of Keynesian spending and a hack from the Heritage Foundation offers this incredibly lame defense of supply-side hooey:
I spent some time years ago watching over the State of Missouri’s budgets, particularly how our state highway department used its funding. I noticed then that Missouri’s highway operations kept a fairly steady number of road workers on payroll, and that they sometimes appeared to have little to do. However, if extra funds came along either from the state or the federal government, like as not they would perform much needed road maintenance. Good work, but it didn’t add much to state-wide payrolls.
For all I know, that may be true but it certainly isn't true in New York State where a large percentage of road work is done by private firms.
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