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“FIXING” THE ECONOMY
W
e spend too much time waiting for orders—and money—fromWashington.is happens because people think “something must be done”(by government) whenever bad things happen. When the housingbubble burst and stock prices tanked, President Obama told us:“e consensus is this: We have to do whatever it takes to get thiseconomy moving again—we’re going to have to spend money nowto stimulate the economy. . . .”e idea, always implicit in the government’s thinking, butmade explicit in the past few years, was that whatever the govern-ment spends money on will create a “multiplier eect”—that is,each dollar spent by the government will somehow generate more
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No, They Can't by John Stossel
The government is not a neutral arbiter of truth. It never has been. It never will be. Doubt everything. John Stossel does. A self-described skeptic, he has dismantled society’s sacred cows with unerring common sense. Now…
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