The Fallacy That Government Creates Jobs | Daniel J. Mitchell | Cato Institute: Commentary

The Fallacy That Government Creates Jobs | Daniel J. Mitchell | Cato Institute: Commentary: "President-elect Obama has announced that he wants a big 'stimulus' package to create 2.5 million jobs by 2011. Many of the details are unclear, including how much new government spending he will propose and how he is measuring job creation. Press reports suggest the incoming administration is looking at $400 billion-$500 billion over the next two years, but the Washington Post reports that Democrats are talking about as much as $700 billion during that time period."