So can anyone out there tell me please how it can be said that borrowing money to buy and destroy privet capitol is good for the economy?  Thats what the government is doing... why don't we just buy forclosed houses from banks and burn them down to help the housing market?  Same principle... or buy up companies and close them... this is idiotic!!  It hurts us in every possible way.  It reduces total capitol, decreases net national savings by putting the government in more debt, hurts poor buy increases prices on used cars, hurts tax payors that have to pay for this, the only people who benefit are the individuals that buy new cars and the car companies... mostly foreign car companies... lunacy is it not?  Please someone explain this to me if you can I am dieing to understand it...



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    Ludwig von Mises: 'Used to the conditions of a capitalistic environment, the average American takes it for granted that every year business makes something new and better accessible to him. Looking backward upon the years of his own life, he realizes that many implements that were totally unknown in the days of his youth and many others which at that time could be enjoyed only by a small minority are now standard equipment of almost every household. He is fully confident that this trend will prevail also in the future. He simply calls it the American way of life and does not give serious thought to the question of what made this continuous improvement in the supply of material goods possible.' - Economic Freedom and Interventionism
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