Tsunami Stimulus Fallacy

Some of you are surely familiar with the economic theory known as the “broken windows fallacy”. Democrats have already distorted Keynesian theory into something it never was. Now they are spouting more nonsense in the wake of Japan’s earthquake and tsunami disasters.

It all comes down to their disdain for free markets and the wealth they generate. How else could you spin the massive loss of property and human life into a positive?

I’ll let Ryan Young at The Daily Caller do the heavy lifting here:


Published in: on March 14, 2011 at 9:17 am  Leave a Comment  

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