Krugman misses point of unemployment cutbacks

Published: Friday, Jul. 5, 2013 - 6:07 am

Re "You should be angry at Republicans' war on the unemployed" (Viewpoints, July 2): For a Nobel Prize award recipient, and syndicated columnist Paul Krugman sure seems confused about the unemployed, and where jobs come from.

The unemployed don't need government to give them money. They need a job.

Federal unemployment extensions come with strings -- it has to be paid back. The new laws in the states do cut benefits, and time on unemployment. But they also allow the state to pay off their debt to the Feds three years earlier, which will save business money -- and allow them to hire more workers.

Krugman would be better served turning his frustration on government that makes it harder for business to hire -- red tape, costly regulation, and uncertainty that comes from a health care law that will take full effect in the near future.

To blame a political party just makes him look like a political hack rather than an economics expert.

-- Jeff Randall, Antelope

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