[org.whodat]

Carney's ignorance is a terrible thing, the government removes millions from people that earn it, who would have spent are invested it, give it to someone else to buy beer and cigarettes and it produces more than the owner. Damn!

[ConservativeDude]

and it produces more than the owner”

I believe the Keynesian talking point on this is the “multiplier effect”. That term was bandied about ad nauseum during the stimulus era. The idea being, if you give a buck to Joe, then he spends it at the local shop, the shopkeeper in turn spends it elsewhere, and so on blah blah blah. Then they produced a “study” that said that the “multiplier effect” created something like $1.20 in value for every $1.00 put into the system.

So there you have it.

Next on my list of “things to do” is alchemy. And other forms of magic.