Tuesday, April 28, 2009

Funny article of the day

One view would say that this story is an example of how gov't spending creates jobs. I mean, the machine company had to hire employees to design and build the pizza maker. Thoose people, with the money that they get from their jobs, will go out and spend money on other things and so on and so forth. That's gotta stimulate the economy right? I wonder what's the multiplier effect of a pizza machines?

Can you spot the flaw in this argument?

(HT: Amy)

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