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robotpriest commented on the blog post FDL Book Salon Welcomes Paul Krugman, End This Depression Now!
Hi Paul, I have a question about the minimum wage. If we have insufficient demand because of high levels of household debt, and if tax rebates are most effective when given to those who will spend it immediately, does it follow that increasing the minimum wage is an effective way to send money to those who will spend it immediately?
Also, would import tariffs be a good strategy to make US manufacturing more competitive with Chinese imports? Are tariffs a good idea, but politically impossible or are they just not a good idea? It seems that is an idea that is never discussed.
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robotpriest commented on the blog post Live Blog of #OccupyWallStreet: NYPD’s Crackdown on the Protest
Check it out, NYT front page on the website. http://www.nytimes.com
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robotpriest became a registered member





