Ed Morrissey reports on a study that finds increased government spending results in unemployment. "Instead of providing a stimulating effect to the economy, government spending creates pressures on private industry to reduce staff and investment."
Does that make it clear why the New Deal prolonged the Depression?
Showing posts with label Ed Morrissey. Show all posts
Showing posts with label Ed Morrissey. Show all posts
Friday, May 28, 2010
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