Comments on: Don’t buy canard about spending http://wichitaliberty.org/free-markets/dont-buy-canard-about-spending/ Individual liberty, limited government, and free markets in Wichita and Kansas Tue, 07 Feb 2012 21:12:20 +0000 hourly 1 http://wordpress.org/?v= By: Jim Rice http://wichitaliberty.org/free-markets/dont-buy-canard-about-spending/comment-page-1/#comment-69786 Jim Rice Thu, 11 Feb 2010 01:09:35 +0000 http://wichitaliberty.org/?p=7862#comment-69786 Bob, I tend to agree with Cobb. Government spending creates little or no growth into the economy. It is simply recirculating money already on the system to stimulate a system that will only stimulate as long as the money keeps coming. On the other hand the creation of "new wealth" industries creates new dollars into the system. Raw materials are good examples. It costs the government little or nothing for their production since it is done thru the private sector. In turn jobs are created because of the necessity to turn raw materials into something usable for consumption by the public. from production to transportation to manufacturing to sale, each part of the process provides new wealth for a variety of industries necessary to get teh product to market. Bob, I tend to agree with Cobb. Government spending creates little or no growth into the economy. It is simply recirculating money already on the system to stimulate a system that will only stimulate as long as the money keeps coming.

On the other hand the creation of “new wealth” industries creates new dollars into the system. Raw materials are good examples. It costs the government little or nothing for their production since it is done thru the private sector. In turn jobs are created because of the necessity to turn raw materials into something usable for consumption by the public. from production to transportation to manufacturing to sale, each part of the process provides new wealth for a variety of industries necessary to get teh product to market.

]]> By: Government spending does not create prosperity http://wichitaliberty.org/free-markets/dont-buy-canard-about-spending/comment-page-1/#comment-69585 Government spending does not create prosperity Mon, 08 Feb 2010 16:36:59 +0000 http://wichitaliberty.org/?p=7862#comment-69585 [...] his op-ed Don’t buy canard about spending, Alan Cobb of Americans for Prosperity writes about the illusion that government spending creates [...] [...] his op-ed Don’t buy canard about spending, Alan Cobb of Americans for Prosperity writes about the illusion that government spending creates [...]

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