Quote:
Originally Posted by G13
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Doug Elmendorf, an economist for the CBO, clarified this when he stated the following:
Quote:
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The elemental truth of the matter is that putting money into ventures that generate losses, as was the case for the bulk of the so-called stimulus spending, reduces the resources available to society. As resources are reduced there is less economic growth and less demand for workers.
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You don't even understand basic economics. You've been brainwashed to believe that Government Spending can create wealth and jobs on it's own without taxing somebody else. |
roflmao
You realize that Doug Elmendorf never said that, right? Your quote is from a
satirical blog -- nice research there, sport. What are you going to do next, quote The Onion?
Your credibility is shot.