There is No Santa

Richard Wagner,

George Mason University Professor

 

 

There is no Santa…

 

"Any so-called stimulus program is a ruse. The government can increase its spending only by reducing private spending equivalently. Whether government finances its added spending by increasing taxes, by borrowing, or by inflating the currency, the added spending will be offset by reduced private spending. Furthermore, private spending is generally more efficient than the government spending that would replace it because people act more carefully when they spend their own money than when they spend other people's money."

Regards,
John Jenkins

865-803-8179 cell

Gatlinburg, TN
Email: jrjenki@yahoo.com 

Website: http://www.greenbriersolutions.com 
Blog: http://littlepigeon.blogspot.com/

You Say Tomato, I Say Tomato (Doesn't Make Much  Sense When You Read It)