That’s just the political reality we face today, writes John Tamny:
Throughout this decade, under Presidents Bush and Obama, economic “stimulus” packages have similarly been foisted on the U.S. economy by a federal government possessing nothing not already taxed or borrowed from the private sector. Nothing in the Constitution mentions “economic growth” as one of the federal government’s powers–the founders knew that with freedom came economic growth–but politicians being politicians, they’ve never let economic crises of their own making go to waste–Constitution be damned.
Latest posts by Michael Boldin (see all)
- George Washington on Political vs Commercial Relations with Foreign Nations - August 28, 2014
- Andrew Napolitano: Federal gun laws “nearly impossible” to enforce without state assistance - August 28, 2014
- How to Block the NSA, for Real - August 26, 2014