Free Market
Author:
Shawn Ritenour
Online Publish Date:
balance between speed and oversight.” Unfortunately for the American public, sound economics teaches that, regardless of how fast the money is spent or how much long term, because that is the nature of profligate government spending. From an economic perspective, Obama’s stimulus plan is equivalent to a giant welfare scheme. 2008 to $9,385.5 billion in the first quarter of 2009. Additionally, the rate of growth in the monetary aggregates accelerated during the last quarter of last year