Jul 15, 2010

Vale la pena seguir explicándolo:

Why has the President’s $862 billion stimulus failed by 7.4 million jobs? Because government spending does not stimulate economic growth. All it does is move resources away from one sector of the economy to another. And government has a horrible track record at efficiently allocating resources. All that really happens is that, on net, jobs get destroyed in the transfer process.

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We used to be a capitalist country. We’re supposed to have vibrant capital markets that make these decisions using market principles. Instead we have the Obama administration acting as a venture capital fund picking winners and losers not based on economics, but on political priorities.

2 comments:

  1. Pero nadie puede decir que no son perseverantes.
    Aunque todas estas ideas geniales hayan fallado siempre, los tipos no se dan por vencidos.

    Que enorme fuerza de voluntad.

    ReplyDelete
  2. La próxima vez seguro que sale bien.

    ReplyDelete

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