Tag Archives: Stimulus

Why Government Spending Does Not End Recessions

By Brian Riedl[i] The important question is why government spending fails to end recessions. Spending-stimulus advocates claim that Congress can “inject” new money into the economy, increasing demand and therefore production. This raises the obvious question: From where does the … Continue reading

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Why the Obama Stimulus Law Failed

In February of 2009, President Obama signed the American Recovery and Reinvestment Act (ARRA) which totaled $789 billion in increased government spending. President Obama reassured anxious Americans that this spending would “revive our economy” and “create 3.5 million jobs” over … Continue reading

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