larry summers changes his tune

[husker]

when he was a professor he said " To fully understand unemployment, we must consider the causes of recorded long-term unemployment. Empirical evidence shows that two causes are welfare payments and unemployment insurance. These government assistance programs contribute to long-term unemployment in two ways."

you can read the entire article here.

Unemployment: The Concise Encyclopedia of Economics | Library of Economics and Liberty

now he is toting the administration party line that extending benefits is a emergency.

why is it people don't believe anything people in politics say.