Saturday, December 4, 2010

Keynesian Economics Is Wrong: Economic Growth Causes Consumer Spending....

....Not the other way around!

Politicians and journalists who fixate on consumer spending are putting the cart before the horse. Consumer spending generally is a consequence of growth, not the cause of growth. This Center for Freedom and Prosperity video helps explain how to achieve more prosperity by looking at the differences between gross domestic product and gross domestic income.


Government programs and intervention were making a mess of the healthcare system, even before Obamacare was enacted. Repealing Obamacare is a good idea and will prevent a bad situation from becoming worse. This CF&P Foundation video explains, however, that repeal is just the first step if we want to genuinely restore a free market and create an efficient and cost-effective healthcare system.

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