Berk's Blog

Obama’s Stimulus: Bush on Steroids What change?

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If government spending and more regulations are the ways to prosperity, then why do small government countries like Hong Kong grow so much faster than large government countries like France?

If government spending aka bigger government increases growth and jobs then why didn’t it work during the Great Depression when Hoover and Roosevelt tried it? And then why did Kennedy’s and Reagan’s tax cuts and spending cuts usher great prosperity for years?

Cato Institute’s Dan Mitchell explains why Obama’s so-called stimulus is good for the government, but bad for the economy: