Monday, November 29, 2010

Federal Wage Freeze (How'd that work out the last time?)

This may be the dumbest idea in two years of dumb ideas. One, it is anti-stimulative in an economy that needs more stim not less. Two, it will move the deficit meter about and angstrom closer to balanced, but won't have any real effect at all (except on the government employees it screws.) I guess it was the one of the... few things Obama could just 'do' so he did it, whether it was effective or not; had to get into the optics game, I guess. Where's John Edwards when we need him?

See also Jed @ dKos

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