“I’ve abandoned free-market principles to save the free-market system.” -George W. Bush, [his political epitaph] Dec. 16th, 2008
As GWB is swept up in the Keynesian economics revival, and hones his quest to outshine Jimmy Carter’s abysmal legacy, the Cato Institute issued this excellent video debunking this fascination with Robbin’ Hood Economics, and how it consumes wealth while redistributing it around the economy (taking your money and giving it to someone else – for your own good!).
Why don’t these government ass-clowns ever simply “stimulate the economy” by reducing or eliminating a plethora of taxes, Big Daddy interference, onerous regulations and litigation, over-spending and over-borrowing? How about following the U.S. Constitution instead of trying to circumvent the natural laws of economics?