There are five ways to do it:
- “Print” money.
- Make businesses less efficient through regulation.
- Enlarge government, thus drawing productive resources from private use.
- Pay people to do nothing.
- Encourage destructive behavior — rioting, illegal immigration, crime in general — and count remedial spending as part of GDP.
The first four items got liftoff in the 1930s and have been getting bigger and “better” since then. The fifth item has reached critical mass under Biden.
Politics and Prosperity 