Brian Wesbury: Government spending raises unemployment
I'm still traveling (bet you couldn't tell from my writing the past couple of days), so allow me to leave you with some insights from my friend Brian Wesbury.
About a week ago, Brian Wesbury had an interesting article in the American Spectator explaining that higher government spending leads to higher unemployment because government steals money that would otherwise be used more productively by the private sector. You can read that article here:
Unemployment and Stimulus, Brian Wesbury, 2/6/09
Brian then followed up with another article discussing comments or critiques of the first article which he had received from readers:
http://www.ftportfolios.com/Commentary/EconomicResearch/2009/2/9/unemployment_and_stimulus_ii
| Print article | This entry was posted by Rossputin on 02/12/09 at 01:06:24 am . Follow any responses to this post through RSS 2.0. |
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