The Truth about Spending

in #dtube7 years ago


Does spending and consumption grow an economy? It turns out savings and production are what grow an economy. For more education on free markets, individualism, peace, tolerance and limited government education, tune in to The Jason Stapleton Show over at www.jasonstapleton.com
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This post has received a 3.13 % upvote from @drotto thanks to: @banjo.

It's amazing how 'we' somehow lost sight of a basic fact.

Wealth starts with making things.
The rest grows from that, and always needs that foundation.

Otherwise we have we what have now - in the western countries.

Yup, I forgot who said it, maybe Adam Smith, but how wealthy you are is a direct reflection of how many voluntary transactions you made with others. Only through capitalism can you get ahead by helping your neighbor.

that's why the left love governments and welfare -

It takes the moral responsibility away from them, to be nice people

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