Dan Mitchell on Obama's So-Called Stimulus: Good for Government, Bad for the Economy


TEXT FROM YOUTUBE. President Obama wants Congress to dramatically expand the burden of government spending. This CF&P Foundation mini-documentary explains why such a policy, based on the discredited Keynesian theory of economics, will not be successful. Indeed, the video demonstrates that Obama is proposing—for all intents and purposes—to repeat Bush's mistakes. Government will be bigger, even though global evidence shows that nations with small governments are more prosperous.