Posted by: bj | August 24, 2009

Government Stimulus Spending will not stimulate the Economy

Government spending is a temporary fix and adds nothing to the long term growth of the economy.   It takes resources that already exist and spends $ for inferior purposes & for a  political agenda. 

Public spending creates temporary jobs (unless they are government jobs);  which is not a good thing because it has to be paid for by the  private sectore which is taxed to apy for it.  

  Private Investment creates permanent jobs.


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