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Just for once, I want to hear a truly honest conservative politician: "We need to drastically shrink the government, which is why when I'm elected, one-eighth*

by lukifer 11y ago

Just for once, I want to hear a truly honest conservative politician: "We need to drastically shrink the government, which is why when I'm elected, one-eighth* of my constituency will be immediately unemployed!" (Not that there isn't a good case for eliminating federal waste; but the reality I never hear uttered in the conservative bubble is that the largest government expense is federal employees and subcontractors.)

nickff 11y ago
By that measure, the "truly honest" progressive politician would say: "we need to drastically raise social program spending and taxes, which will dramatically increase unemployment!" (Not that there isn't a good case for improving federal social programs; but the reality I never hear uttered in the progressive bubble is that the largest government expenses are social programs like social security, medicare, and medicaid.)
- gph 11y ago
  I don't understand your rebuttal, how does increased spending on social programs lead to higher unemployment? Are you suggesting that increased social spending leads to people tactically becoming unemployed in order to gain benefits while not working?
  - nickff 11y ago
    Romer and Romer showed that higher taxes lead to lower growth and vice-versa; the additional taxes required to finance the social program spending will sooner or later lead to reduced opportunities for employment.[1] Others have shown that a larger "social safety net" leads to higher unemployment for a variety of reasons.[2][3] It is also logical that people's aversion to unemployment is proportional to its cost (to them), and that if it is less costly, they will expend less time and effort in the stressful, taxing, and unpleasant task of looking for work. [1] http://eml.berkeley.edu/~dromer/papers/RomerandRomerAERJune2010.pdf http://eml.berkeley.edu/~dromer/papers/RomerandRomerAERJune2... [2] http://www.newyorkfed.org/research/staff_reports/sr646.pdf http://www.newyorkfed.org/research/staff_reports/sr646.pdf [3] http://time.com/9009/unemployment-is-worse-than-death/ http://time.com/9009/unemployment-is-worse-than-death/ (the point is made more thoroughly in the author's book)

by lukifer 11y ago

nickff 11y ago

By that measure, the "truly honest" progressive politician would say: "we need to drastically raise social program spending and taxes, which will dramatically increase unemployment!" (Not that there isn't a good case for improving federal social programs; but the reality I never hear uttered in the progressive bubble is that the largest government expenses are social programs like social security, medicare, and medicaid.)

gph 11y ago
I don't understand your rebuttal, how does increased spending on social programs lead to higher unemployment? Are you suggesting that increased social spending leads to people tactically becoming unemployed in order to gain benefits while not working?
- nickff 11y ago
  Romer and Romer showed that higher taxes lead to lower growth and vice-versa; the additional taxes required to finance the social program spending will sooner or later lead to reduced opportunities for employment.[1] Others have shown that a larger "social safety net" leads to higher unemployment for a variety of reasons.[2][3] It is also logical that people's aversion to unemployment is proportional to its cost (to them), and that if it is less costly, they will expend less time and effort in the stressful, taxing, and unpleasant task of looking for work. [1] http://eml.berkeley.edu/~dromer/papers/RomerandRomerAERJune2010.pdf http://eml.berkeley.edu/~dromer/papers/RomerandRomerAERJune2... [2] http://www.newyorkfed.org/research/staff_reports/sr646.pdf http://www.newyorkfed.org/research/staff_reports/sr646.pdf [3] http://time.com/9009/unemployment-is-worse-than-death/ http://time.com/9009/unemployment-is-worse-than-death/ (the point is made more thoroughly in the author's book)