Wednesday, February 3, 2010

Government Spending Does NOT Stimulate Economic Growth

An article at The Heritage Foundation illustrates "Why Government Spending Does Not Stimulate Economic Growth." It answers the critics. Go Here!

If spending did stimulate one's economic growth then if one lost his job, the best thing to do would be to go out and borrow money to add to his house or buy a new car, right? When is government going to grasp the fact that it is not exempt from the laws of reality? The way it is operating, it appears it will not be anytime soon.

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