Government spends money for political reasons, cronyismn etc. That is why government spending tends not to create wealth or have much velocity because the money is not spent in the way that will do the most economic good.
Tag Archives: money
Paul Ryan: Obama’s Policies Benefit Rich & Powerful (video)…
…while causing economic decline for most of us. Obama’s policies achieve the exact opposite of what his speeches say.
The money quote:
Here is the complete interview:
Political Arena 