Jay Greene and Stuart Buck’s article is featured on National Review Online.
Many businesses have gone way beyond healthy pruning ? recall that the economy has lost more than 7 million employees. Surely there is more fat and inefficiency in the education sector, where there have been no aggregate job cuts. If the Obama administration and Congress want to save jobs, they would be better off concentrating those tax dollars on addressing unemployment in sectors where there have actually been job losses. Or, better yet, they could use those dollars to reduce taxes and national debt so that the private sector might have its own resources to start creating jobs again.
