Seeking Alpha

VintonCounty » Comments » Single Comment |

  • Will the Obama Plan Work? [View article]
    Craig Brown's opinions are not based on logic, so they are at best useless. Start with the fact that governments can spend only what they take from others. Brown sees the economic activity created by government spending, but he doesn't see the activity that never occurred because the government took the citizens' money. If he realized this, he would wonder whether the citizens or government spend money more effectively. The answer is obvious when one realizes the citizen spends his own money, and government spends other people's money.

    Seeing such an elementary error of logic is discouraging. I am convinced that American universities teach students not to think.
    Jan 07 02:55 am |Rating: 0 0
All Comments by VintonCounty »
Comments by Ticker
VintonCounty's
Comments Stats
40 comments
Rating: 4 (5 - 1 is )