Two different views

Robert Reich, as cutting as only an out-of-power Leftie can be, notes The Jobs Picture Still Looks Bleak, “Many outsourced jobs will never return, and median income will likely continue to fall just like it did during the last so-called recovery… Since the start of the Great Recession in December 2007, the economy has shed 8.4 million jobs and failed to create another 2.7 million required by an ever-larger pool of potential workers. That leaves us more than 11 million jobs behind.” Reich also makes the mistake of assuming that spending, not investment, creates wealth: the anti-Hayek.
On the other side of the aisle, New Jersey Gov. Christie gives the voters what they've been starving for: Reaganism, New Jersey Style:
Mr. Christie knows he needs to put the hard choices before the state's citizens, and to speak to them as adults. Budget cuts are unfair[?] “The special interests have already begun to scream their favorite word—which, coincidentally, is my 9-year-old son’s favorite word when we are making him do something he knows is right but does not want to do—‘unfair’… One state retiree, 49 years old, paid, over the course of his entire career, a total of $124,000 towards his retirement pension and health benefits. What will we pay him? $3.3 million in pension payments over his life, and nearly $500,000 for health care benefits—a total of $3.8 million on a $120,000 investment. Is that fair?”

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