Writing about the record number of Americans purportedly living in poverty, Think Progress blogger Travis Waldron makes a huge economic error when considering the effects of government “safety net programs”. See his quote below:
“The number of workers in poverty would be even higher were it not for government safety net programs that have reduced…
In his latest New York Times blog post, MIT professor and former chief IMF economist Simon Johnson fallaciously argues that those who oppose welfare are mean-spirited and bad at economics. After reading this post, you’ll see it is actually Johnson who is the bad economist.
The main problem with unemployment benefits, or government handouts, is…