Sep 15, 2016
Infrastructure Spending Does not "Grow the Economy"
Infrastructure Spending Does not “Grow the Economy”
By Patrick Trombly
Mises Institue
September 15, 2016
Infrastructure Spending Does not “Grow the Economy”
In a new twist, the presidential nominees from both major political parties have fallen for (or hope that the voters have fallen for) a time-worn fallacy, and have proposed government spending on infrastructure “to grow the economy and create jobs.” As David Stockman has shown,…
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