Gawker tells the story: The White House says that many of those positions are considered nonpolitical jobs that come with their own pay schedules, and that what matters is that the total budget and average salary are decreasing slightly. But that doesn’t change the fact that White House staffers who stick it out are being […]
Does government spending have a multiplier effect on the economy?
January 26, 2011 by
If I didn’t lose you with that wonk-ish sounding title, there’s a good possibility I’ll lose you a little later, so let me summarize: new research suggests that government spending doesn’t actually help the economy all that much. Bear with me as I explain. Some economists of the Keynesian persuasion believe that in a recession […]
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