Why Government Spending Fails

http://www.youtube.com/watch?v=p31-xQ2Rrz4&eurl=http%3A%2F%2Fwww%2Enewsmax%2Ecom%2Finsidecover%2Fmilton%5Ffriedman%5Finflation%2F2009%2F03%2F19%2F193738%2Ehtml&feature=player_embedded

 

 

Milton Friedman on Why Government Spending Fails
In a 1979 interview with Phil Donahue, free-market economist Milton Friedman prophetically explains why government spending only covers up economic ills, leading to rampant inflation.