Statist Economist Jeffrey Sachs Calls For Big Government

Economist Jeffrey Sachs calls for big government:

Thirty years ago, Americans were told that government was part of the problem, not the solution. We bet on the magic of the marketplace, but the magic proved illusory. Every major part of the economy — health care, energy, transportation, food and finance — is deeply troubled. Now we are ready to invite government back in to help solve our problems, if the price is right and the strategies are convincing. By spending more through government and treating government as a partner rather than an enemy of the private sector, we can potentially save vast sums in the long run through a more efficient health-care system, safer climate, more competitive economy and more secure country.

Jeffrey Sachs must have heard of the big spending increases under the Bush Administration? Big government hasn't stopped this recession or provided utopia. Anyway,we must commend Jeffrey Sachs for talking up his "position" for Columbia.Columbia has been a big beneficiary of federal student loans and Pell Grants(helping Columbia raise tuition beyond the inflation rate).Big,activist government has been something of a nightmare for those trying to pay college tuition.But,Jeffrey Sachs has done quite well working for an institution that's looting the taxpayers.That's "partnership" for state influenced economist Jeffrey Sachs.In Jeffrey Sachs' field the technical term is called "rent-seeking".Jeffrey Sachs is a true rent-seeking success story.