Thursday, January 28, 2016

PbH2O

Liberals Still Say Austerity Poisoned the Water in Flint, Damn the Evidence -Reason Magazine.
An excerpt:
... Far from impugning limited government principles, the Flint water crisis is a quintessential example of the failures of government planning and Keynesian economic stimulus...

But Flint’s principal problem—one that pre-dates the water crisis by decades—is that its economically-underprivileged taxpayers can’t afford to pay the pensions of retired city workers. Excess government spending landed Flint in its current, sorry state, not austerity. Likewise, the disastrous decision to go with a more expensive water option was not austerity, but government-sponsored stimulus gone (predictably) wrong.
But, RTWT.

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