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How government hiring shows up in ways that weren't planned.
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The phrase 'free markets have many problems that government must step in to solve' has been repeated innumerable times in my more than 25 years of educating undergraduate students.
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When they spend tax money, politicians love to say that they are 'investing' in the economy. But how do they know that their 'investments' are meeting customers' most important needs?
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Political money is unsound money, and while civilization cannot exist without sound money, it can do without predatory government.
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The government can't keep up with its latest spending spree. Even though Democrats run Maine's government, it still finds ways to save money. Washington should pay attention to this.
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Government currency monopolies…can thus be understood as part of the tax system [and reflect] the preference of the fiscal authorities.
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So, recession it is, right? Not so fast.