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Archive for December 20th, 2011

Wastebook 2011

Tuesday December 20th, 2011   •   Posted by Craig Eyermann at 1:51pm PST   •   7 Comments

Back in the 1970s and 1980s, one of the annual traditions in Washington D.C. was the announcement of the Golden Fleece Awards, which identified the some of the biggest and silliest things the U.S. federal government wasted money upon during the previous year. Originally launched by former Senator William Proxmire (D-WI), his spirit lives…
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Facts Prove: More Government Spending KILLS Jobs!

Tuesday December 20th, 2011   •   Posted by Stephanie Freedman at 12:32pm PST   •   3 Comments

Today, economist Richard Rahn discusses in his Washington Times op-ed “Government spending jobs myth” the Krugman/Keynesian fallacy that government spending produces jobs: If additional government spending could create more jobs, it would be expected that over the long run, the socialist or semisocialist economies would have full employment and the smaller-government, developed economies would have higher unemployment. Again, the…
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