Simple Economics Explained Simply, Part II

70,000 workers lost their jobs yesterday. 70,000 workers will no longer be paying federal income tax and there’s more on the way. So, the Republican solution to this problem is to cut the taxes they won’t be paying in order to get them to spend money they don’t have.

By Tommy Belknap

Owner, developer, editor of DragonFlyEye.Net, Tom Belknap is also a freelance journalist for The 585 lifestyle magazine. He lives in the Rochester area with his wife and son.