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Instapundit linked to an article in The Atlantic about the long-term effects of high chronic unemployment. I think we all agree that long-term unemployment was a bad thing, and Clinton's welfare reform was the single biggest accomplishment of this two terms. Unfortunately, the article is bollocks, because it builds upon the foundation of typical liberal lies.

Some of them are explicit and brazen, for example the article recycles the claim that "One big reason that the economy stabilized last summer and fall is the stimulus". But the biggest one is the lie of omission. The key graf about the reasons and remedies is based on an Leo Tilman's article about innovation in Harvard Business Review, and every sin is listed there -- even patents -- except the main one: government spending, supported by mounting debt that inevitably leads to stifling taxation or rampant inflation. Not a word!

The remaining bulk of the article is something I cannot evaluate well. It mostly deals with social context and stuff. But the problem is, if the lead-in is just a pile of lies, I cannot trust as single word of the rest. What if everything they say about the happenings in the minds of "young" is similarly bogus and driven by the liberal agenda? The probability lies in that direction.

Posted by: Pete Zaitcev at 12:01 PM | No Comments | Add Comment
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