The Government Doesn't Believe Its Own Myths August 4, 2010
by Will
Will Grigg?s Liberty Minute
August 4, 2010
During this so-called ?Recovery Summer,? the Obama administration and its allies in the media have alternated between claiming that the economy has revived and protesting that another government stimulus package is needed to stave off disaster.
In fact, the so-called stimulus package was of benefit only to those already entrenched in the parasite class.
USA Today reports that ?States with the highest jobless rates are getting less money per person under the federal stimulus program than sates with below-average unemployment?.?
Like all other socialist initiatives, the stimulus program distributed money on the basis of political calculations, rather than in response to market demand.
Veronique de Rugy, an economist at George Mason University, notes: ?If government spending could in fact create jobs, then the problem of unemployment could be mitigated by distributing funds to states based on their relative unemployment levels.? The fact that this is not happening, she observes, demonstrates that ?Even the federal government doesn?t believe the myth that government spending can actually create jobs.?
Let us take back the liberty wherewith Christ has made us free.
08/06/10 11:56:51 am,