Ric47 Wrote:
Jul 17, 2012 9:01 AM
Carter says "Given the massive inefficiencies the government creates in transferring resources from one group to another, along with the disincentive effects for those Americans who are de-stimulated through higher taxes, there might actually be an overall negative net effect on economic activity". But in some areas and some ways massive inefficiencies in the private sector are just as large as in government. The constant flow of private enterprise into bankruptcy is evidence of that.