Government Stimulus results?

Globally lots of countries have, or are trying government stimulus to revive flagging economies. How’s that hope and change working for us?

Not too well. Japan has been trying for 25 years; China did more than we did after 2008, no help; Europe, ouch; Africa, more ouch; need I go on?

This is giving someone a fish rather than teaching them how to fish.

Reduce regulation, make it easier to open businesses, tax less, reduce the size and reach of government, ….  Yet a guy named Bevins of the Economic Policy Institute says we should spend even more. ( It is affiliated with the labor movement,[3] and is usually described as presenting a liberal[4] viewpoint on public policy issues; https://en.wikipedia.org/wiki/Economic_Policy_Institute)

Insanity, “Doing the same thing that hasn’t worked again expecting a different result.” QED

Leave a Reply

Your email address will not be published. Required fields are marked *