finance_today
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12 years ago @ Global Dashboard - The window of opportun... · 0 replies · +1 points
12 years ago @ Global Dashboard - Modern Piracy - No One... · 0 replies · +1 points
12 years ago @ TheStockEnthusiast.com - The Oracle of Omaha wa... · 0 replies · +2 points
12 years ago @ Atlas Sound Money Project - Dr. Judy Shelton Joins... · 0 replies · +1 points
12 years ago @ MoneySense - How much should you le... · 0 replies · +2 points
12 years ago @ Global Dashboard - Micro-credit scheme fa... · 0 replies · +3 points
12 years ago @ Big Journalism - 'You Pays Your Money a... · 0 replies · +1 points
However, the effects do not stop there. Since government spending is not based on mutually beneficial exchanges, it often is wasteful. By displacing the opportunities for wealth enhancing voluntary exchanges, wasteful spending further reduces employment and the overall wealth and income of the American people.
For example, labeling government spending as investments in so-called green-jobs is just political spin to cover money-losing investments by elite government bureaucrats with none of their own money on the line who, nonetheless, believe they have an ability to pick winners. But, squandering money on expensive energy gambits reduces our wealth, and therefore shrinks the economy and the number of jobs.
The path to more robust growth is first to stop doing what demonstrably has not worked for the past two years
12 years ago @ Big Journalism - Muslim Students Declar... · 0 replies · +1 points
12 years ago @ Big Journalism - Death Wish: Why Are We... · 0 replies · +1 points
12 years ago @ Pulse2 - Technology Ne... - Google Announces Chrom... · 0 replies · +1 points