Does unemployment stimulate the economy? It seems, on it's face, like an absurd economic strategy. But, upon further analysis - yes, it is absurd.
Keith Olbermann, Nancy Pelosi and other Keynesian Democrats would like to believe that is true. It's simply wrong (and dangerous).
Olbermann's claim:
"The unemployed, unlike the rich ... are, in fact, the job creators"
A panel on PJTV, including Yaron Brooks and Terry Jones, dissects Olbermann's theory here:
UPDATE: Trickle-up economics via xtranormal.
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