Thread: Wackonomics
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Old 10-29-2008, 10:39 AM   #7
alexamenos
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I'd recommend a little knowledge of Frederick Bastiat to anyone -- whether one agrees with him or not, he's a sensible and accessible fellow that really demonstrates that there's nothing new under the sun when it comes to economic thought. His quotes cited in the link are worth the time.

Speaking of which....I hear now that the powers that be are considering another "stimulus package", something aimed at *letting* taxpayers keep a little bit more of their own money. Moreover, we're going to see this stimulus package even as we shell out $700b to bankers, and do whatever the heck we can to help those troubled homeowners who can't pay their loans stay in their homes, and all the other stuff that goes along with racking up half a trillion in deficits a year....

as Bastiat said on Government...

Quote:
"Government is the great fiction through which everybody endeavors to live at the expense of everybody else."
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