Really. Here’s James Taranto at the Wall Street Journal hoisting Paul Krugman (New York Slimes) with his own petard*. It seems John Kyl asserted that overly-generous unemployment benefits result in disincentives to seek work, an assertion Paul Krugman countered with,
“To me, that’s a bizarre point of view–but then, I don’t live in Mr. Kyl’s universe.”
And, that the Democrats’ view–that generous unemployment benefits are NOT disincentives to seeking further employment–are, “what textbook economics says.”
Taranto then quotes from an economic textbook, “Macroeconomics,” authored by Krugman,
Public policy designed to help workers who lose their jobs can lead to structural unemployment as an unintended side effect. . . . In other countries, particularly in Europe, benefits are more generous and last longer. The drawback to this generosity is that it reduces a worker’s incentive to quickly find a new job. Generous unemployment benefits in some European countries are widely believed to be one of the main causes of “Eurosclerosis,” the persistent high unemployment that affects a number of European countries.
That’s right. Libtards think
- No one will check to see whether they’re liars or not and
- No one cares whether they’re liars or not, anyway.
They might be almost right about the second. We’ll see come November.