THE FRAUDULENT ECONOMIC STIMULUS PLAN
What is economic stimulus?
By Richard Rahn
How much should the U.S. government spend on an economic stimulus program? If you have trouble answering the question, it is because it is the wrong question.
The United States (and the world) economy is (or at least has been for the last few months) in decline with rising unemployment rates. It is widely believed the government must "do something." The political and media classes, and even many economists, call for an "economic stimulus program." But what do they mean by "stimulus," and will it do any good? [Continue reading]
By Richard Rahn
How much should the U.S. government spend on an economic stimulus program? If you have trouble answering the question, it is because it is the wrong question.
The United States (and the world) economy is (or at least has been for the last few months) in decline with rising unemployment rates. It is widely believed the government must "do something." The political and media classes, and even many economists, call for an "economic stimulus program." But what do they mean by "stimulus," and will it do any good? [Continue reading]
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