Thursday, January 29, 2009

Conflating Stimulating the Present and Robbing the Future


Milton Friedman warned in Free to Choose, "If all we want are jobs, we can create any number--for example, have people dig holes and then fill them up again or perform other useless tasks... Our real objective is not just jobs but productive jobs." Obama and Co. have proposed an economic plan that includes spending $200 million on employing people to relay sod on the mall -- $200 million to dig holes, and fill them up again.

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