In this interview (February 2, 2009) with Jeff Crouere at Ringside Politics, we covered the benefits and costs—and especially the unintended consequences—of the government’s fiscal policy, also known as “stimulus.” There are ways that the government can raise money: taxes, borrowing, and by essentially printing the money. Whenever the government implements a stimulus plan, the money must come from somewhere or rather from some people. In What Is Seen and What Is Not Seen by Frederic Bastiat, he pointed out that whenever the government spends money to create something, we tend to see only that which was made; however, we forget about … Continue reading Stimulus Spending: Who Exactly Is Being Stimulated?