So say the editorial writers of the New York Times and that brilliant economic analyst Michael Moore.
Economics professor William Anderson, however, disagrees in this Freeman article today.
The Times and Michael Moore obviously do not understand that the bigger the government gets, the more wealth it absorbs and squanders. You’ve got to wonder if there is any point at which they’d say that increasing government would be counter-productive. After all, there will always be pleaders for more government spending who tug at the heartstrings and proclaim that they could do very good things if only the government would stop being so cheap. Big government advocates seem to be unable to tell such people, “Go out and ask for money.”
