Economic historian Robert Higgs, writing in the Christian Science Monitor, contends that the best policy for the federal government would be to do nothing.
He’s right. The “stimulus” spending will merely shift power and resources to the government, thus depressing our ability to produce goods and services desired by the people. (It will lead to more production of goods and services desired by politicians, but there’s little connection between their desires and those of the millions they claim to represent.)
