Feels Good, But Wait For The Hangover

Print Friendly, PDF & Email

When is a “stimulus package” not a stimulus but a drag? When it relies on coercion – taxes or inflation – to pay the costs of the stimulus. What A, B, and C gain is at the expense of X, Y, and Z. And the bureaucrats take a cut off the top for arranging the transfer.

Leave a Reply

Your email address will not be published.