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" ... For one, you don’t solve a problem of slow growth with more central planning. In Powell’s case, he’s asking Nancy Pelosi and Mitch McConnell to boost economic activity by them arrogating to themselves greater power over the allocation of scarce resources. There’s no such thing as government spending; rather there’s politicized allocation of resources always and everywhere created in the private sector. As a rule more government spending limits economic growth given the basic truth that politicians aren’t as effective as the market-disciplined when it comes to pushing precious resources to their highest use. ... "