Source: Free Association
by Sheldon Richman
“[T]he candidate who understands how the free-enterprise system tends to work when left unmolested by politicians and bureaucrats will be scorned as an enemy of progress. Meanwhile, the candidate who either is ignorant of economics or engages in demagoguery will be lifted on people’s shoulders and carried into the White House. That’s what a representative democratic republic produces. The result is a total national debt — $35 trillion and change — larger than GDP — almost $29 trillion — not counting the unfunded liabilities of the so-called entitlement programs.” (09/06/24)
https://sheldonfreeassociation.blogspot.com/2024/09/tgif-what-government-has-wrought.html