A Simple Equation

The Nobel Prize for economics has been awarded to three people who have studied the effect of government policy on unemployment.  Having majored in economics myself, before getting my law degree, I suppose that their work is full of  complex mathematical equations and theories about this or that.  I could've saved them a lot of work by inviting them to come to Puerto Rico, where the relationship between government policy and unemployment is quite simple: the government has decided to balance the budget and cut its spending, by laying off thousands of government workers, sometimes, both man and wife in a household.

Brilliant idea, don't you think!  Worthy of the Nobel Prize for stupidity.

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