Saturday, April 04, 2009

Government Stimulus

This is an argument that failed to move democrats in Congress. But it's still a good one to learn. It's just nice to be clear on the issues...and it's good to be armed when the next Liberal moron tries to defend the Oboobery called "stimulus" government spending.

"Government stimulus bills are based on the idea that feeding new money into the economy will increase demand, and thus production. But where does government get this money? Congress doesn't have its own stash. Every dollar it injects into the economy must first be taxed or borrowed out of the economy. No new spending power is created. It's merely redistributed from one group of people to another."

Read the entire article here: Why Spending Stimulus Plans Fail

Oh....and join the Heritage Foundation. You can always find the truth and clarity there on all important issues of the day. It's even tax deductible....for now.

The Gunslinger

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