September 27, 2011
Jonah Gelbach takes me to task for not reading David Brooks column carefully enough. Had I done so, I would have noted this part about President Obama’s latest jobs plan:
“Look at the recent Obama stimulus proposal. You may like it or not, but it’s trivial. It’s simply not significant enough to make a difference, given the size of the global mess.”
After telling us that stimulus does not work, Brooks is now telling us that Obama’s plan is too small to make a difference. [The latest jobs bill actually would provide more stimulus in 2012 than the original stimulus did for either 2009 or 2010.]
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