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The claim made by Team Obama that every dollar in stimulus translates into a dollar-and-a-half in growth is economic fiction. The costs of stimulus reduce future growth. No country has ever spent itself to prosperity. The price of stimulus has to be paid sometime. ↗
I'm not claiming that football is the nation's salvation in this area, but it's one of them, one little thing that apparently has captured the imagination of a large sector of our society. But when football can't be a relatively pure outlet, a fun thing, then it hurts itself. ↗