Notes From Babel

Spending = Stimulus

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After reading this, it finally dawned on me: progressivist big-governmentism is no different than Reagan’s trickle-down theory, other than it’s “perfected.” That is, if trickle-down theory works for big spenders, logically it works even better for the biggest of all spenders: the federal government. This is what Obama is getting at: it doesn’t really matter what the money is spent on, so long as it’s spent. It doesn’t matter if we burn down the Capitol, so long as we get a fire started.


Written by Tim Kowal

February 6, 2009 at 5:21 pm

Posted in Economics, Politics

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