Posted on February 14, 2009 by jtkheiry
I couldn’t have said it any better than this brilliant column in Reason magazine. The core of its brilliance:
The theory of economic stimuli suffers from several serious problems. First, it assumes people are stupid. Tax rebates, for example, presume that if people get money to increase their consumption, businesses will expand their production and hire [...]
Filed under: Uncategorized | Tagged: economic stimulus, free market, national debt, Obama, private sector, Reason magazine, stimulus, tax rebates | Leave a Comment »
Posted on February 4, 2009 by jtkheiry
A recent New York Times article points out the “paradox” in public transportation across the country: ridership is up in almost all markets, but despite this rise in popularity, mass transit systems are having to cut service because of declining tax revenues. Unfortunately, this isn’t a paradox at all; it is merely the result of [...]
Filed under: Uncategorized | Tagged: free market, mass transit, private sector, public transportation, subsidized transportation, taxpayer dollars | 1 Comment »
