Interesting that the New Yorkian Times would mention "social experiments" in connection w spending.
We have a complete report on just such an experiment. It's titled, simply...
California.
You see, not too long ago, back in about 01, 02, and early 03, alleged, and Democrat Governor of California Gray Davis went on a spending spree not unlike that which the Dem Congress is currently hawking.
The spending was for things that Californians did not need, but it increased entitlements and government and IIRC the illegal aliens did pretty well too.
That, my good FRiends, put the Great State of California into a financial tailspin, which is still hounding us today.
The Dems in our legislature, who have no idea about where money comes from, keep trying to raise taxes to pay our vast debts. The mere threat of more taxes causes tax PAYERS just like me to move away.
So, this is a report to the New Yorkian Times on a social spending experiment. It turned out the way they all do, and always will. Look at the social spending meccas - - Detroit, New Orleans, etc. They are experiments with available conclusions, too.
But California is the true living laboratory.
Imagine, going from 6th (depending on who you ask) biggest economy in the world to insolvency, all because of economic ignorance, blind political faith, and...social spending.
.
Democrats just don’t get it- socialism cannot exist without capitalism to provide the funds, ie workers salaries for them to steal.
If they want more social spending, they have to take care of capitalism, ensure it is healthy and growing. Growth is the only place where new money for social spending can come from.
Instead they foolishly tax the businesses that generate the wealth to pay the workers, cutting off their main source of revenue, and driving away business as well. The more they tax “the rich’ as they like to say, the less revenue they collect overall because of increased unemployment.