2 Comments

1. Laird says:
   September 4, 2011 at 2:33 am

   What an extraordinary conversation. We never hear anything that intelligent and level-headed in the US, not even on Fox (which comes closest, if only occasionally). When was the last time you heard a TV commentator citing Henry Hazlitt? It’s a bit long (12+ minutes) but worth every minute.
2. Stonyground says:
   September 4, 2011 at 3:52 am

   I always thought that the idea of using taxpayers money to “create” jobs was self evidently a bad one. not only that, but once you have transferred a great load of employement from the private to the public sector, it is then extremely difficult to move it back again. You would have to sack millions of public sector workers, lower taxes and wait for the private sector to grow in a climate where millions have just been thrown out of work and have no money. Even if you could be absolutely sure that this plan would succeed in ten years, you have to face the electorate in five years and the opposition would no doubt be promising to create jobs.