“I’ve been told by some of our major (defense contractor) employers that layoff notices are going to come before the election. It’s dangerous and irresponsible for Congress to play with this." -- Senator Kelly Ayotte (R - NH).So according to Republican theory of Economics, Keynesian spending works for defense jobs, but austerity works for all other sectors.
Wednesday, June 13, 2012
When are federal cuts detrimental to jobs?
*ONLY* when they're defense jobs.
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