Tuesday, June 21, 2011

Man Robs Bank Of $1

In North Carolina, a 59-year-old guy robbed a bank of $1. Then he sat down and waited for the police to arrive. He had a pretty good reason. He needed medical care, and the best place to get it seemed to be jail.

The dude's story basically rolls together all sorts of policy-relevant misfortunes. He lost his job as a Coca-cola deliveryman during the recession (the Fed should support full employment). His new job as a convenience store clerk involved lots of heavy lifting and wasn't good on his joints (don't raise the retirement age for Social Security). He had lots of health problems that he couldn't take care of (poor people need better health care). Anyway, I hope things get better for him.
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