Quote:
Originally Posted by peter12
The context has always been the massive stimulus packages. It is fair to criticize those simply on the moral question, "Should governments use taxpayer's money to bail out industries that are no longer competitive?"
Not to mention the overlaying issue of whether a fiscal stimulus is AT ALL effective in increasing consumer confidence. Me, I go with Friedman on this one. All a massive increase in public spending will do is cause inflation.
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Plus a massive tax burden on future generations.
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