"It's like taking a bucket of water from the deep end of a pool and dumping it into the shallow end. Funny thing -- the water in the shallow end doesn't get any deeper."
That's how George Mason University economist Russell Roberts describes the logic -- rather, illogic -- of the economic "stimulus" proposals that everyone and his uncle are proposing.
The rest of last week's TGIF, "An Unstimulating Idea," is at the Foundation for Economic Education website.
Republican presidential contender Ron Paul certainly deserves credit for putting the foreign policy of noninterventionism into the public debate. It’s about time. For decades U.S. presidents have sought to manage the world in behalf of what they call “American interests,” and all it has brought is death, mayhem, anti-Americanism, and a price tag that would blow the average citizen’s mind if he fully grasped it.
Yes, the time for this debate is long overdue. Unfortunately, the quality of the debate on the other side is pathetic.
The rest of my latest op-ed, "Pathetic Arguments for Foreign Intervention," is at The Future of Freedom Foundation website.