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Thought To Ponder

There is no reason to believe that bureaucrats and politicians, no matter how well meaning, are better at solving problems than the people on the spot, who have the strongest incentive to get the solution right.
Elinor Ostrom (Nobel Prize Winner)

 Video: Stimulus Package II - A Sequel America Can't Afford 
5 February 2010
Dr. Dan Mitchell

The Center for Freedom and Prosperity Foundation's  new video explains that making government bigger is a recipe for long-run stagnation and lower living standards, regardless of what the policy is named.


This mini-documentary explains that deficits and debt are merely the symptoms, and a rising burden of government spending is the real problem. 
 


Labor Department numbers show that the Obama Administrations $787 billion stimulus was a flop. Instead of holding the unemployment rate at 8 percent or below, the jobless rate soared to 10 percent. Now there is discussion of second so-called stimulus, which politicians are calling a jobs bill.

  

 

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