Austan Goolsbee is Wrong
In this short Economic Video Commentary, Brian Wesbury explains why Austan Goolsbee (former Chairman of the Council of Economic Advisers) is wrong when he calls for more government spending to boost economic growth. As Wesbury explains, "If you take it from people who might invest it and give it to people who are certainly going to spend it, you will have less investment and more spending...resulting in slower economic growth." Watch it here.