Monday, August 1, 2011

The folly of economic stimulus

An excellent quote from Myron Weber:
What the politicians call "stimulating the economy" always amounts to nothing more than accelerating future economic growth to the present, creating a current boom and a future bust.
Even the average American could understand that. Could, that is, if anyone in the MSM would ever say it. But they won't, and since most Americans have lost the will and the ability to think for themselves and now depend on the MSM for most of their opinions, the RedTeam has become as comfortable with central government planning and economic interference as the BlueTeam. Id est, in practice, both teams are the same except for the color of their buttons and the content of their lies.

Iceland has also been enjoying the fruits of economic stimulus.

No comments:

Post a Comment