"If it is unnecessary to adjust the amount of expenditure to the means available, there is no limit to the spending of the great god State."
Ludwig von Mises (1881-1973)
Ever notice how gubment never gets by with less? There are never cuts in gubment spending, except perhaps for defense. Everything else is a "cut" in the rate of growth. But gubment always grows, always demands more and that can only come from one place. From you and from me.
And the biggest falsehood promulgated upon a people is that the gubment must somehow "pay" for a cut in spending OR a "cut" in taxes! Pay for it?! It can be paid for by simply spending less! What a concept.
A dollar kept in the private sector flows around the economy (called the velocity of money) more fluidly and many dozens of times more than a dollar sent to an inefficient, bloated bureaucracy which doesn't care how much waste occurs. If anyone wanted to "stimulate" the economy, a real cut in gubment spending is one of the best ways to make that happen. Think that'll ever happen?
Dream on.
No comments:
Post a Comment