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View Diary: Jobless rate hits 8.2%. 'Missing workers' make the situation look better than it is (349 comments)

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  •  Yes, and the ignorant public too (3+ / 0-)

    I hate to sound elitist, but the public doesn't understand economics. They think spending is terrible and a balanced budget would be a swell thing - rather than a disaster.

    I agree with Jonathan Chait that the Repugs and Romney, if he is elected, will become born-again Keynesians after the election. I don't agree with some here who claim he will push austerity. Sure, they will try to pass the Ryan budget, but most of it will be backloaded.

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