Money Changes Everything

eCONomist Paul Krugman on House Budget Committee Chairman Paul Ryan's budget --

"To be a little melodramatic, the budget would kill people, No question".

The good news is those people will still get a government paycheck (Feds pay $601 million to dead retirees) and the scientific community is united in that fact.

While on the subject of government paychecks, Treasury Secretary Timothy Geithner didn't dispute a Harvard economist's estimate that each job in the White House's jobs plan would cost $200,000.

We've noted earlier a cost of $230,000 to $250,000 (and higher) per job.