Government Spending Does Not Help the EconomyFrank ShostakMises Institute Dec. 31, 2014 |
Bari Weiss' Free Speech Martyr Uri Berliner Wants FBI and Police to Spy on Pro-Palestine Activists
America Last: House Bill Provides $26B for Israel, $61B for Ukraine and Zero to Secure U.S. Border
Telegram Founder Changed Mind on Setting Up Shop in San Francisco After Being Robbed Leaving Twitter HQ
Report: Blinken Sitting On Staff Recommendations to Sanction Israeli Military Units Linked to Killings or Rapes
MSNBC's Joy Reid Celebrates Prosecution of Trump as Racial Revenge Against Whitey
Some economists such as Nobel Laureate Paul Krugman hold that during an economic slump it is the duty of the government to run large budget deficits in order to keep the economy going. On this score — given that from 2011 to 2014 the rate of growth of real gross domestic product (GDP) hovered at around 2 percent — many experts are of the view that the budget deficit, which stood at $483 billion in 2014, wasn’t large enough. Read More |