"The stimulus package is a failure because it can't succeed. You can no more stimulate an economy by transferring resources from one group of people within the economy to others than you can receive a blood transfusion by taking blood from a vein in one arm and injecting it into a vein in the other arm."
"What's especially disturbing is that President Obama has said that the stimulus bill has worked as intended. If that's true, the president must have been lying back in January about his intentions." *
"Stimulus spending sucks money out of the private sector, where it's needed for the investments that will help the economy emerge from its lingering slump."
"Stimulus spending sucks money out of the private sector, where it's needed for the investments that will help the economy emerge from its lingering slump."
Source: John Locke Foundation
"Socialists see capitalism as an evil economic system founded on the concepts of profit, individualism, private property, private business, freedom to buy and sell products and services, etc. Indeed, a working definition of capitalism is “the peaceful and free exchange of goods and services without theft, fraud, and breech of contract.” Capitalism is tailored to individual initiative rather than groupthink or community initiative. Nearly all inventions that have furthered the capitalistic enterprise and blessed humanity in the process have been the result of individual initiative rather than committee, group, or government activity."
Source: The August Review
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*He was! (lying, that is) ~ N.E.H.
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