Birdwatch Note Rating
2024-06-13 17:01:31 UTC - HELPFUL
Rated by Participant: 798EEF5B9E088CA88046137F752DA946FD3604CD5C3DEF2C507F9E2EC0100A22
Participant Details
Original Note:
Governments cannot create wealth. They only redistribute resources. When the government spends more money than it receives, the money has to come from either increasing taxes or debt (borrowing). https://www.aei.org/carpe-diem/quote-of-the-day-government-cant-create-new-jobs-or-wealth-it-merely-redirects-resources/
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