Monday, June 08, 2009

Leviathan

Dan Mitchell points out that the stimulus isn't doing any good:




This reminds me of something Milton Friedman said:




This is all based on a series of logical fallacies, such as this one:




Because someone has to take the credit or blame for everything that happens, they will insist on having more and more power to control everything. That's why leviathan grows through a series of crises. Milton Friedman warned us of the danger of looking for the "savior" who will save us all. Dan Mitchell was absolutely right to point out that Obama is just continuing and expanding Bush's big government policies, and we'll continue to see the same disasterous results.

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