|
|
Article: Instead of stimulus, do nothing - seriously.(OPINION)
- Article from:
- The Christian Science Monitor
- Article date:
- February 9, 2009
- Author:
CopyrightCOPYRIGHT 2009 The Christian Science Publishing Society. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Robert Higgs
Oakland, Calif. -- As we wait to see how the politicians in Washington will alter the stimulus package the Obama administration is pushing, many questions are being raised about the measure's contents and efficacy. Should it include money for the National Endowment for the Arts, Amtrak, and child care? Is it big enough to get the economy moving again? Does it spend money fast enough? Hardly anyone, however, is asking the most important question: Should the federal government be doing any of this?
In raising this question, one risks immediate dismissal as someone hopelessly out of touch with the modern realities of economics and ...