Government Favoritism Creates Bubbles

I think the biggest reason why government should not vary from its short list of enumerated powers is the inevitable unintended consequences. Keynesian economics is nothing but a bubble machine. Every time the government pushes on the economic system, something ugly pops out somewhere else. If the government gives some group an advantage, this costs some other group. Generally, these consequences cannot be accurately forecast. To me, this is reason enough that the government should not take excursions beyond the boundaries of its enumerated powers.

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