Comments For: Mario Barth - Maenner Sind Primitiv, Aber Gluecklich
1Maenner Sind Primitiv, Aber Gluecklich
If the government weren’t borrowing and taxing in order to
magnanimously hand out money, it would be available for the
production of goods and services. The government’s plan diverts
resources from investment to consumption. But consumption is the
effect not the cause of economic growth. You can’t consume what
doesn’t exist.
1Maenner Sind Primitiv, Aber Gluecklich
If the government weren’t borrowing and taxing in order to magnanimously hand out money, it would be available for the production of goods and services. The government’s plan diverts resources from investment to consumption. But consumption is the effect not the cause of economic growth. You can’t consume what doesn’t exist.