'Change'
6 January 2009
Editor, The New York Times
229 West 43rd St.
New York, NY 10036
To the Editor:
What is Barack Obama's plan for dealing with the economic downturn? More government spending! ("Obama Seeks Wide Support in Congress for Stimulus," January 6). The Bush administration has so far run budget deficits totaling $2.13 TRILLION – a figure that doesn't include the spending orgy now in full swing for the bailout.
Governments throw goo-gobs of taxpayer money at problems as predictably as flies in the summer swarm to dog droppings. Where, I ask, is all this Change We Can Believe In?
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Editor, The New York Times
229 West 43rd St.
New York, NY 10036
To the Editor:
What is Barack Obama's plan for dealing with the economic downturn? More government spending! ("Obama Seeks Wide Support in Congress for Stimulus," January 6). The Bush administration has so far run budget deficits totaling $2.13 TRILLION – a figure that doesn't include the spending orgy now in full swing for the bailout.
Governments throw goo-gobs of taxpayer money at problems as predictably as flies in the summer swarm to dog droppings. Where, I ask, is all this Change We Can Believe In?
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Posted by Don Boudreaux on
Friday May 29, 2009 at 8:15am