“When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private business.” WasteTaxationInefficiencyWastingInefficient Author:Henry Hazlitt
“..either immediately or ultimately every dollar of government spending must be raised through a dollar of taxation. Once we look at the matter. In this way, the supposed miracles of government spending will appear in another light.” MistakeWasteKeynesWrongheaded Book:Economics in One Lesson Source: Economics in One Lesson
“For every dollar that is spent on the (boondoggle) bridge a dollar will be taken away from taxpayers. If the bridge costs $1,000,000 the taxpayers will lose $1,000, 000. They will have that much taken away from them which they would otherwise have spent on the things they needed most.” WasteEconomicsTaxationTheftStimulusCoercionPublic WorksKrugman Book:Economics in One Lesson Source: Economics in One Lesson