A Comment About

Myth: Government Spending ‘Stimulates’ the Economy

November 21, 2008 - 12:31 am - by Daniel J. Mitchell
Bob
2008-11-21 04:05:20

President-elect Obama didn’t get where he is by promising good economic policy; he succeeded by promising to “spread the wealth around.” The Dems can’t wait to pass an “ecomonic stimulus” package. Some may still believe in Keynesian economics (and the Tooth Fairy), but I suspect that they believe more strongly that the people who get the “stimulus” checks will be grateful and will return that gratitude at the polls in 2010. Almost every Dem program is designed to make government bigger and thus make more people dependent on government. It’s not the economy; it’s politics as usual. The “Change we can believe in” will be a change to bigger government. You can take that to the bank.