Government, regulations, unending bureaucratic corridors of unionized pensioned elitist workers, profound concern from politicians, the children's future – there really is no end to the madness. It stretches ad-infinitum joined at the hip with ClimateChangebaloney, and the cabal of Internationalists at the UNO. It will all end up in bankruptcy. Bankruptcy manifests itself through a fiscal-economic collapse [the coming demise of the Zeuro]; inflation [the US' future]; or declared insolvency and repudiation [18th century France]. At least the Americans are having a screaming match about some aspects of their parlous fiscal and monetary situation. No other states are engaging in any debate about the reform of Statism and the Welfare-Capitalist model to use the term by Prof. Robert Gilpin.

Government's already 'stimulate' the economy through the erection of massive socialism and wealth redistribution. Half the po[censored] tion in any state pays no income tax but feeds itself on various public welfare programs. The so-named rich pay about 2/3 of all taxes and create jobs as well. If you stole all of their property the state would barely make a dent in their real debt levels. Bill Gates' entire fortune would run the US government for 3 whole days. Wow.

Stimulus on top of the welfare state has a negative long-term multiplier. It increases deficits which can only be solutioned through higher future taxes or inflation from the printing of money. Both distort and degrade your economy. William Watson in the NP notes;

That's where a second study comes in, this one by Thorsten Drautsburg and Harald Uhlig of the University of Chicago. They simulated the U.S. recovery package using a model that, despite their academic affiliation, wasn't overly hostile to a Keynesian view of the world. They also looked at the effects of government transfers, which don't involve the government actually buying things but may take money from people with a lower propensity to spend and give it to cash constrained people with a higher propensity to spend. But, finally, they also considered the implications of raising taxes to pay the interest on larger government debts. Their conclusion? There might well be positive but modest multiplier effects in the short term, perhaps a little over 50
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