Harvard Business School: More government spending causes higher unemployment.

I have a great big “DUH!” for Harvard Business School’s discovery that government spending crowds out private investment and actually causes higher unemployment.

In other news, researchers discover that the sky is blue and water is wet.

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2 Responses to Harvard Business School: More government spending causes higher unemployment.

  1. mike w. says:

    have they found the unicorns Obama promised us yet?

    I’m sure the big O will ignore this. Apparently he wants yet another stimulus.

  2. TJP says:

    And it also keeps up the unemployment numbers–because, you know, collecting higher unemployment taxes means there’s less left for payroll.

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