"Almost half of the ranks of the unemployed have been looking for a job fruitlessly for at least six months. Let’s get these people re-engaged in the labour market, get them re-tooled and retrained for the skill set that businesses need now and in the future. Give these folks a shovel from 8 to 12 and engineering courses from 1 to 5 in return for their jobless insurance check. It’s time to get creative and aggressive with minimal cost to the taxpayer. If we can win this fight against unemployment, it’s amazing what other positive things will fall into place, from housing demand to government revenues to consumer credit quality."Rosenberg, while a joy to read re the economy and markets, can't resist scattering frequent gratuitous government-is-evil poison pills throughout his posts. It's off-putting to me, at least. Now this.
What flabbergasting hypocrisy.
Of course, I, myself, have never uttered a hypocritical phrase in my life! :-)