Monday, February 23, 2009

Louisiana’s Bobby Jindal's plan to improve his state's economy

... by refusing parts of the STIM funding:

[Another] thought is that there may be a “beggar thy neighbor” strategy going on here. If Louisiana makes its unemployment benefits less generous than what’s available in other states, then maybe unemployed citizens will leave Louisiana for Texas and other neighboring states, thus creating an artificial appearance of an improved economic situation. It would be the equivalent of Mike Bloomberg fighting poverty by demolishing all the low-income housing in New York and hoping the poor people all move elsewhere.

... get the rest on Think Progress (Yglesias).

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