THE BLACK KETTLE

Proverbs 21:30

Don’t Try This Again

IBD:

[...]

Economic history tells us that government spending does not create private-sector jobs, though it does help boost public-sector employment, which does nothing to promote economic growth. A government cannot spend a country into prosperity or even out of a recession. Stimulus legislation merely redistributes wealth to the politically connected and the politically favored.

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April 26, 2010 - Posted by | Uncategorized

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