There is no free lunch and the biggest price of all is paid by people who are unemployed because politicians cannot leave the economy alone to recover, as the American economy has repeatedly recovered faster when left alone than when politicians decided that they have to “do something.”
A liberal friend of mine just does not get this. He is a Keynesian when it suits him and believes that government spending is the way out of a recession. His feeble logic says that if some spending is good that any and all spending must, therefore be good.
I keep trying to get him to realize that government investment on infrastructure or other capital spending is the only logical way that government spending can stimulate. Giveaways to favored political cronies does not.
You bet...Sounds like your friends mind is pretty much made up but every once in a while a lib comes along that sees the light. :-)