A Comment About

The Fallacy That Government Creates Jobs

December 5, 2008 - 12:00 am - by Daniel J. Mitchell
tmoreland
2008-12-05 09:01:58

when i was in econ 101 – or was it 102; like so many other things today, i can’t remember – i was taught that, for every tax dollar taken in and redistributed by the federal government either for “legitimate” infrastructure spending, and the like, or to the needy, only about 30 cents reaches the intended targets. That was when government employees were considered underpaid. With their now being overpaid, does that mean only about 10 or 20 cents gets through the bureaucratic feeding frenzy? or might it be even less?