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Editor's Note: News clips are not chosen because they necessarily reflect the values of Vision America. They are chosen to alert Vision America members to news and perspectives that may impact their lives.

Show Me The Money

  • Harris R. Sherline - GOPUSA
  • Mar 9, 2009

Barack Obama's statement that he wants to spread the wealth around to make the economy grow from the bottom up caused a firestorm of reaction and revealed a serious lack of understanding of economics.

 

Dollars are fungible, meaning that they cannot be distinguished from one another. Since there is no way of telling them apart and they all have the same value, when taxes are cut and "spendable" income increases as a result, do we really understand where the money actually goes?

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