Friday, February 12, 2010

How Government Stimulus Works

This is how it works all right. You take money from the private sector, that is you and me, and you spend it on jobs in the public sector (mostly) and you end up with two effects: a) you bloat government further, and b) you hang more obligations on an already beleaguered private sector.
It doesn't work. It never has worked. It's a recipe for power aggregation and ultimate socialization and that goes to reduced standard of living and stagnant societies.

No comments:

Post a Comment