Infrastructure Spending Does Not “Grow the Economy”

Mises Institute– The political class is now telling us that our money, taken from us and then spent by them, will actually grow the economy.

If we dig deeper into the realities behind government spending, however, we can see that an “infrastructure stimulus program” would probably make matters worse than they are.

The money taken from the taxpayers must be subtracted from the money spent, and we’re left with no net gain.