Private Capital Competes with Government Spending

Here is an Economics 101 lesson most folks never learn from the media.

They never get basic economics from most college attendance these days either. And I am referring to those who actually take formal economics courses at school, interspersed with whatever else colleges teach.

The basic economics rule is this: When the government spends a dollar which it must borrow or tax, there is one dollar less in the private sector with which to invest for public benefit.

That produces innate damage that government do-gooders overlook in their zeal to help the community.