Friday, December 9, 2016

Government Competing for Capital

                      
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 fans overlook in their zeal.
          
It’s Economics 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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