Government spending and control... Yeah, yeah, that's the ticket......
https://www.forbes.com/sites/nathan...dium=email&utm_campaign=20190401#7f451d3b55fb
Economics is easy. You just have to get two things right: Low Taxes, and Stable Money. Get this right, and everything else tends to follow with relative ease. Get it wrong, and the endless problems and difficulties that ensue will prove insoluble.
I like to call it "the Magic Formula." If it seems obvious, that's because it is. Capitalist economies don't really work very well when taxes are high or money is unstable. Nevertheless, the Magic Formula is often ignored. Taxes today are not very low; money is not very stable; both might get worse, not better. This has consequences.
https://www.forbes.com/sites/nathan...dium=email&utm_campaign=20190401#7f451d3b55fb
Economics is easy. You just have to get two things right: Low Taxes, and Stable Money. Get this right, and everything else tends to follow with relative ease. Get it wrong, and the endless problems and difficulties that ensue will prove insoluble.
I like to call it "the Magic Formula." If it seems obvious, that's because it is. Capitalist economies don't really work very well when taxes are high or money is unstable. Nevertheless, the Magic Formula is often ignored. Taxes today are not very low; money is not very stable; both might get worse, not better. This has consequences.
