But temporary government programs almost always become permanent. And, any money that the government spends must be borrowed or taxed from someone else. To the extent that the government takes money from profitable companies and productive individuals to give to unprofitable companies, the economy will be harmed.

...the last time the government tried to bail out the economy with drastic action, we ended up in the Great Depression. If we really want to �change� the way government and the private sector interact, why is the US government still trying the same old policies that failed in the past?

Bryan Wesbury and Robert Stein, First Trust Monday Outlook 12/08/08
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Labels: economics