A visitor from Las Vegas wrote recently about the flourishing economy in Tri-Cities, attributing it to government creation of jobs through federal funding for Hanford. Government projects are all positive, right? Wrong!
Government cannot fund anything without taking wealth from private citizens and companies first, either by taxation or inflating the money supply.
Economist Henry Hazlitt, author of Economics in One Lesson, called the applicable principle, "that which is seen and that which is not seen." We see Hanford and related business development. We don't see what taxpayers in other states would have done to create businesses and jobs in their own communities with the tax dollars taken from them that came to Hanford. Lucky for us; tough on them.
Why do you suppose Washington, D.C., and surrounding counties are the wealthiest in the nation? More tax loot winds up there. Other communities, the ones looted, are impoverished in this negative sum game.
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Failure to understand such fundamentals leads to more government boondoggles like "the bridge to nowhere" and Solyndra. Frederic Bastiat, a 19th century economist explains: "Government is that great fictitious entity whereby everyone endeavors to live at the expense of everyone else." It can't be done.
David Bergland, Kennewick