Lowering the Poverty Level to Reduce Poverty

Shortlink:

What do liberal New York Times’ contributors do when the percentage of GDP consumed by ever-increasing government spending grows too large to ignore?

They replace GDP with a new measurement, of course. One which includes such non-quantifiable values as “ecosystem services” and “regulation of our climate on a global and local scale.” It’ll turn the economic ruin of “cap and trade” into gold, too.

The answer to our bloated government is not to hide the destruction of American wealth behind cryptic economics. It’s to grasp the proper role of government in a free society, and embrace the nature and cause of wealth creation.

Posted by on August 12, 2009. Filed under Business & Economics, Culture, Summer 2009. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry