Wednesday, February 17, 2010

Unhappy Stimulus Anniversary Video blog by Peter Schiff 02-17-10

"If governments could create prosperity by spending money there would be no poor nations. It is very simple to create money and spend it. The reality is that does not provide prosperity, it does not provide meaningful employment, it inhibits it. The fact of the matter is the more the government tries to stimulate our economy, the weaker the economy is going to get. The more money the government spends to create jobs the more employment opportunities will be destroyed..." - Peter Schiff

Peter Schiff is like a modern day Thomas Jefferson. Check out this great quote from Thomas Jefferson.

"I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them" - Thomas Jefferson (3rd President of the US)

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