Relevant and even prescient commentary on news, politics and the economy.

Oh Yeah: Crowding Out Has Been a Huge Problem

Guest post by Steve Roth Oh Yeah: Crowding Out Has Been a Huge Problem Cross-posted at Asymptosissize=”2″> Right-wing economists love to claim that government spending “crowds out” private spending, especially investment spending on fixed assets. It’s probably true at some level and in some situations. But if it was true for postwar America, you’d expect […]