“The real problem with ATMS . is not so much that they destroy jobs, but that in at least 50 of 57 states you can’t conduct transactions in Austrian, making it difficult to withdraw enough cash to spread the wealth around to Midwesterners, who then become bitter and cling to guns and religion and antipathy toward people who aren’t like your doctor, who you can keep (if you like him) but you probably won’t because for extra cash he unnecessarily performs tonsillectomies and amputates the feet of people from Kansas, where a while back 10,000 were killed by a tornado that also air-raided villages and killed civilians in Afghanistan, from which we need to begin withdrawing troops by July so we can use the funds to save or create jobs for people who don’t use air pressure gauges to keep the tires on their cash-for-clunkers car properly inflated, requiring them to buy more gas than they otherwise would at $3.84 a gallon and thereby reducing their disposable income and causing them not to buy consumer products, resulting in slower GDP growth that can only be jumpstarted by another round of stimulus spending so the economy won’t go into a double-dip recession that would result in layoffs and a higher unemployment rate than we had even after the oil spill in the Gulf of Mexico that everyone knows was George Bush’s fault.
Economics is hard.”
Cain Can, news conference video:
Hat tip: Nice Deb .