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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Geoff Altman who wrote (58134)1/29/2009 9:08:05 AM
From: Peter Dierks  Read Replies (2) | Respond to of 224757
 
Theoretically government make work can create wealth. If the multiplier of what is produced is sufficiently high and it is taxed just right it can even pay for itself.

But theory breaks down since make work is not that beneficial to the economy and tax receipts will only pay for it after the debt burden is unbearable.