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I interpret this
eversince it's been weakened by Chirac's various governments since 2002, the job creation has been much weaker
as pointing out a correlation, and this
there may be no link
as hedging his bets by pointing out that "correlation is not causation".

I think it would be better if Jerome came out and actually argued that there is causation, because then we'd have a falsifiable hypothesis, but he's being a politician. </snark>

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Carrie (migeru at eurotrib dot com) on Mon Mar 27th, 2006 at 07:48:34 AM EST
[ Parent ]
and good he is writing as one at last ! We all wondered when he would come clear on that :)

When through hell, just keep going. W. Churchill
by Agnes a Paris on Mon Mar 27th, 2006 at 08:06:14 AM EST
[ Parent ]


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