Government programs aren't 100% responsible for misery, granted.
Only 95% of it.
More seriously. It's not WITH TONS, literally TONS of NON-SENSICAL REGULATIONS and "government programs" that you create ANY wealth, ANYWAY.
What Peter Schiff was saying is: get government out of the way TO HAVE PEOPLE CREATE, PRODUCE, and ACQUIRE "more stuff". I grant you Peter simplified it. But NOT AS MUCH AS FOR THE FRAUDULENT, RETARDED SCHEME Krugman proposed:
Indeed, ALL WHAT Krugman was saying is:
just hire more teachers and fill potholes, can be done in no time, and will solve all this misery.
Never mind THAT EVERY-THE FREAKING-BODY has PRECISELY been applying HIS ECONOMIC POLICIES and HIS VIEWS for the last 2 decades here and in Japan, Spain, Greece, you name it !
Printing money out of thin air. Government spendings always to be justified. Public debt. No incentive for savings. Controlled interest rates (near zero, systematically).
FRAUD. FAILURE. FRAUD. INSULT TO INTELLIGENCE.
That's what Mr. Krugman is.
"Cyril" pronounced "see real". I code stuff.
"To study and not think is a waste. To think and not study is dangerous." -- Confucius