Data shows what conservatives knew about gov’t “stimulus”

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Robert Pratt

“Harvard economics professor Robert J. Barro wrote in an op-ed for the Wall Street Journal that a recent study by him and another fellow at the American Enterprise Institute found that empirical data show that the growth rate during economic recovery periods is proportionally related to the magnitude of the decline during the preceding economic downturn.

“The data seem to invalidate the argument by many economists and the administration that the economic recovery since 2008 has been unusually weak because of the Great Recession’s particular severity. Barro argued that increased government spending after the 2008 recession stymied opportunities for private investment,” reported the NFIB member newsletter.

When Democrats use the term “investing” they are not talking about such but about government spending…

And here we have empirical data showing what conservatives already knew: That government spending, or stimulus, actually gets in the way of economic recovery and growth for the most part.

In the big Trump versus Clinton media spectacle trump pointed out rightly that buying good assets when markets are down is good business. It’s also part of what produces recovery as a natural function of markets.

Hillary Clinton, in the debate, simply argued for more of the same government interventionist policies which have prevented robust growth in our economy. She repeatedly used the Leftist lines about “investing in” and then you name it – the middle-class, college educations, etc.

Democrat “investments” are about taking money from you and handing such over to politically favorable people.

When Democrats use the term “investing” they are not talking about such but about government spending which requires, of course, large tax increases.

Democrat “investments” are about taking money from you and handing such over to politically favorable people. Such restricts freedom and economic growth and hurts Americans.

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