The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

Let Me Get This Straight: The Cart Is Not The Horse

Posted on | July 23, 2010 | 4 Comments

by Smitty (via The Corner)

In this paper, published in Economic Policy Journal, economists Yann Algan, Pierre Cahuc, and Andre Zylberberg looked at the impact of public employment on overall labor-market performance. The authors use data for a sample of OECD countries from 1960 to 2000, and they find that, on average, the creation of 100 public jobs eliminated about 150 private-sector jobs, decreased overall labor-market participation slightly, and increased by about 33 the number of unemployed workers.

Reality doesn’t exist for Lefties until reified by some academic paper. YACOPS* in rebuttal in 3 . . . 2 . . . 1. . .

*Yet Another Cliche-Oozing POTUS Speech

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Comments

4 Responses to “Let Me Get This Straight: The Cart Is Not The Horse”

  1. paul mitchell
    July 23rd, 2010 @ 12:58 pm

    How many government jobs were created in the making of the study? If we have this data, we can figure out how many people were “suicided” in the job market to publish this study.

  2. paul mitchell
    July 23rd, 2010 @ 8:58 am

    How many government jobs were created in the making of the study? If we have this data, we can figure out how many people were “suicided” in the job market to publish this study.

  3. Estragon
    July 24th, 2010 @ 7:14 am

    It’s not exactly “putting the cart before the horse,” although it is close.

    The more direct analogy is if you keep loading more dead weight into the cart, you will kill off the horses.

  4. Estragon
    July 24th, 2010 @ 3:14 am

    It’s not exactly “putting the cart before the horse,” although it is close.

    The more direct analogy is if you keep loading more dead weight into the cart, you will kill off the horses.