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Old 08-08-2011, 08:07 AM  
sperbonzo
I'd rather be on my boat.
 
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Join Date: May 2003
Location: Miami, FL
Posts: 9,743
Personally I'm a big Mises fan. You and I completely agree on this issue. It's always been bizarre to me when people say that government spending "puts money into the economy" When I explain to them that the government doesn't create any wealth, it simply takes if from people that do, (in the form of taxes, or devaluation of the currency by printing more), or borrowing it by selling bonds, which it must pay interest on, people STILL don't seem to get it. It's along the same lines of saying that tax cuts "cost the government", as if the wealth was created by the government, and it was giving it out to someone....
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