Stimulus Spending Doesn’t Work Down Under (Or in the US)

Time for an update on the perpetual motion machine of Keynesian economics. We’ll start with the good news. The Treasury Department commissioned a study on the efficacy of the so-called stimulus spending that took place at the end of last decade. As discussed in this news report, the results were negative. …a scathing new Treasury-commissioned … Continue reading Stimulus Spending Doesn’t Work Down Under (Or in the US)