Thomas Sowell follows up ...

SEE HERE Thomas Sowell gives an Economics 101 explanation why stimulus spending doesn't really stimulate. The fact that we have an administration in power that doesn't understand this explains in part at least their irresponsible spending. They don't understand money or wealth or where it comes from. But then most of them have never had a truly productive job in their lives so perhaps that is no surprise. One thing we ought to be doing is making sure fundamental economics is taught to our children so they can recognize economic nonsense when they hear it.