Carrying Coals to Newcastle

January 6, 2010

Stuart Buck and I have a piece on National Review Online this morning about how money to address unemployment is being devoted to education.  The curious thing is that education (and health care) are the only major sectors of the economy that have added jobs over the last two years while every other sector has lost more than 7 million jobs. 

Fixing unemployment by spending an additional $23 billion on teacher salaries is like carrying coals to Newcastle.  I’d much rather that Congress carry Newcastle beer.  Hmmmmm.  Beer.  Then at least we wouldn’t mind so much their blowing our money to address a problem in the only sector where it doesn’t exist.