Monday, February 23, 2009

We have to unemploy people to be able to re-employ them.

SC's inexplicable governor keeps on talking, as if his campaign interview meltdown last summer and his recent claim that Adam Smith coined Joseph Schumpeter's concept of creative destruction:

Sanford compares times to Stalin, Weimar

A note of, er, alarm from South Carolina Governor Mark Sanford, in an interview withPolitico:

If we go too far in just spending too much money and borrowing money, we could put ourselves in the exact position Argentina found itself in the 1920s when they had, you know, cratering of their currency. If you look at the Weimar Republic, you know, between World War I and World War II, you had a cratering of their currency, so much that you had to carry a wheelbarrow load of currency to get so much as a loaf of bread. And horrible things happened in the wake of that experience.

...and on Fox News Sunday:

At times it sounds like the Soviet grain quotas of Stalin's time -- X number of jobs will be created because Washington says so.

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