Showing posts with label Ed Morrissey. Show all posts
Showing posts with label Ed Morrissey. Show all posts

Friday, May 28, 2010

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?