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August 17, 2011

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Ricardo's Ghost

Oh dear. You ought to read Krugman's blog more often, then you might start to understand his argument.

Krugman does consider whether Texas has some amazing policies that means job opportunities are being created and pulling workers into the state. If that were the case, and it was demand for workers that explained the job creation numbers we would expect to see wages rising in Texas. We don't.

Richard Lowe

Weren't most jobs created, public sector jobs?

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