Chart of the day

Via Ezra (via CBPP):

Yowza!  Ummm, maybe it’s not such a good thing state and local governments have to balance their budgets.   These “government bureaucrats” are people like teachers, firefighters, and health inspectors.  Our national job situation right now would not look nearly so bad without all this state/local job loss.  As Yglesias has repeatedly argued, we’ve essentially engaged in a state-level counter-stimulus.

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About Steve Greene
Professor of Political Science at NC State http://faculty.chass.ncsu.edu/shgreene

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