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Old 09-26-2008, 07:22 PM
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Quote:
Originally Posted by ajmccarrell View Post
Unfortunately, government money tends to "crowd out" private money and in the end hurts market forces. It's vastly less efficient than private money because government cannot really create wealth, it more or less redistributes it. If you factor in the money multiplier, it gets even less efficient, etc.
I meant places like bridge building (remember that horrible collapse everyone?) and government things rather than the economy. Maybe some tax cuts for working people or alternative energy. We have sent so much money there that hurts to think what else we could have used it for.
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