You Can Only 'Stimulate' Depressed by Depressing Stimulated

You Can Only 'Stimulate' Depressed by Depressing Stimulated
AP Photo/Mark Lennihan, File

Annual U.S. federal government expenditures can be measured somewhere north of four or five trillion. On the other hand, politicians in Yemen spend somewhere in the range of $5 billion. What’s going on?

Are we to assume Yemen’s political leadership is particularly parsimonious with taxpayer money? And is the low level of government spending there the reason for the country’s history of extreme poverty?

 

Read Full Article »


Comment
Show comments Hide Comments


Related Articles

Market Overview
Search Stock Quotes