Wednesday, September 21, 2011
Quote of the Day: A Fundamental Economic & Political Fallacy...
A fundamental fallacy is the notion that politicians can "grow the economy" by taking money out of the private sector and spending it wherever it is politically expedient to spend it -- so long as they call spending "investment."
~Thomas Sowell - Economist
Labels:
economics,
Economy,
politicians,
politics,
Quote of The Day,
Sowell
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