Monday, January 10, 2011

Some Manure, Please, to 'Grow the Economy'

"The idea that the government can grow the economy is seriously flawed. The economy grows on its own unless there are obstacles placed in the way. The best thing the government can do is remove those impediments, such as the high corporate tax rate, and allow the economy to send out new roots and green shoots. Water it periodically. Fertilize occasionally with organic material. And don’t overfeed."

Some Manure, Please, to `Grow the Economy:' Commentary by Caroline Baum - Bloomberg

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