Monday, March 14, 2011

Stimulating Happiness - NYTimes.com

Stimulating Happiness - NYTimes.com

According to Paul Krugman,"A WPA-type program when you’re in a severe slump is more productive than most people imagine, but even if it isn’t very productive, it can do a lot to help the nation’s overall welfare, simply by putting people to work. And if the debt run up to pay for the program means higher taxes later, so? The monetary cost will have much less negative impact on public welfare than the unemployment that would have happened without that program."