Your Liberty is Our Interest

quote Sowell on the stimulus

You can call it a stimulus, if you want to, just as you can call a tail a leg. But the actual effect of what is called a “stimulus” has been more like that of a sedative. …Anti-business rhetoric and anti-business policies did not create business confidence then [during the Great Depression], any more than it does now. Economists have estimated that the New Deal prolonged the depression by several years. – Thomas Sowell

March 9th, 2010 at 7:51 am


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