Private Capital Competes With Government

Here is an Economics 101 lesson. You will not learn it from the conventional media. Nor in basic economics from most college attendance these days.

I am referring to those who actually take formal economics courses at school, interspersed with whatever else colleges teach to keep their students entertained between winter, summer and spring breaks.

The basic economics rule is this: When the government spends a dollar which it must borrow or tax, there is one dollar less in the private sector with which to invest for public benefit in the form of jobs and earnings for consumer spending.

That government competition produces innate damage that government do-gooders overlook in their zeal to “help.”