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)
- Final 15: Tom Woods was “Legendary” in Los Angeles - June 25, 2016
- Some Great Pictures from Over the Years - June 25, 2016
- A Few Things I Never Thought I’d Learn How to Do Well - June 22, 2016