What Constitutes 'Worthy' Stimulus Spending? [View article]
Calling these government spending programs stimulating is fraudulent. Governments must first take money from citizens, which is negative stimulus. Citizens will get greater value from the money than will the government, because people spend their own money more carefully. So the so-called government stimulus schemes, to the extent they involve spending, make us poorer.
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Calling these government spending programs stimulating is fraudulent. Governments must first take money from citizens, which is negative stimulus. Citizens will get greater value from the money than will the government, because people spend their own money more carefully. So the so-called government stimulus schemes, to the extent they involve spending, make us poorer.
Jan 04 02:43 am
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