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Monday, 8 August 2011

A Spend and Tax Policy Mix Always Leads to Economic Decline

See: "America Gets Downgraded."

Also, "The Debt Downgrade Blame Game."

BONUS: "A Capitalist Economy Can't Support a Socialist Welfare State."

1 comment:

PacRim Jim said...

While it is true that a spend-and-tax policy mix always leads to economic decline, it is equally true that most voters are too stupid to understand the causality.
They are easy prey for any politician promising them the next shiny free thing.