When the government spends a dollar which it must borrow or tax, there is one capital 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.”
It’s an Economics 101 lesson you will not learn from the conventional media. Nor in basic economics from most college attendance these days. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)
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