Shields and Brooks on Jobless Rate

Isn't it funny how the framing is that Obama is a victim of a poor economy not and that his policies might actually be responsible for such....

Poor David Brooks. Choosing a presidential based on the crease in his trousers just wasn't the litmus test he thought it was.



Let me ask this question. I think we can all agree with the basic supply demand curve; When prices go up demand goes down and vice versa.

For instance, increase taxes on cigarettes people smoke less. Increase taxes on gasoline, people drive less.

Then riddle me this Batman, what would you expect to happen to the demand for labor when you increase the costs of such?

Hint..... companies won't hire more people.