Wednesday, May 28, 2014

Big Government = Less Prosperity -- Mike Maloney

The private sector is what creates an economy, not the government. All wealth comes from the private sector. Government consumes it.






"The only thing that is expanding in debt - is government debt. This is a very dangerous situation, the larger government grows compared to the GDP the more frictional jobs there are in an economy that don't produce goods and services that you and I buy. That basically extinguishes economic energy, it brings about LESS prosperity, not more."

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