[Congressional Record Volume 155, Number 50 (Tuesday, March 24, 2009)]
[Extensions of Remarks]
[Pages E745-E746]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

[[Page E745]]



                STIMULUS: BUSINESS GROWTH, NOT SPENDING

                                 ______
                                 

                           HON. JACK KINGSTON

                               of georgia

                    in the house of representatives

                        Tuesday, March 24, 2009

  Mr. KINGSTON. Madam Speaker, on January 9, 2009, then President-Elect 
Obama stated that ``[t]here is no disagreement that we need action by 
our government, a recovery plan that will help jumpstart the economy.''
  I rise today to submit to the Record the following list of 
economists, compiled by the CATO Institute, that disagree with the 
President's remarks. Along with these economists, myself and my 
colleagues from both parties believe that increased government spending 
and higher taxes deter productivity instead of encouraging development. 
History has shown that an increase government spending does not solve 
problems. The way to solve our problems is to lower taxes across the 
board, encourage investment, and restore fiscal responsibility in the 
White House and Congress. Passing the burden of deficit spending to our 
children and grandchildren does not lead to a brighter future. We need 
a policy based on facilitating business growth, not government 
spending, to reinvigorate our economy.

       BURTON ABRAMS, Univ. of Delaware; DOUGLAS ADIE, Ohio 
     University; LEE ADKINS, Oklahoma State University; WILLIAM 
     ALBRECHT, Univ. of Iowa; RYAN AMACHER, Univ. of Texas at 
     Arlington; J.J. ARIAS, Georgia College & State University; 
     HOWARD BAETJER, JR., Towson University; CHARLES BAIRD, 
     California State University, East Bay; STACIE BECK, Univ. of 
     Delaware; DON BELLANTE, Univ. of South Florida; JAMES 
     BENNETT, George Mason University; BRUCE BENSON, Florida State 
     University; SANJAI BHAGAT, Univ. of Colorado at Boulder; MARK 
     BILS, Univ. of Rochester; ALBERTO BISIN, New York University.
       WALTER BLOCK, Loyola University New Orleans; CECIL BOHANON, 
     Ball State University; MICHELE BOLDRIN, Washington University 
     in St. Louis; DONALD BOOTH, Chapman University; MICHAEL 
     BORDO, Rutgers University; SAMUEL BOSTAPH, Univ. of Dallas; 
     DONALD BOUDREAUX, George Mason University; SCOTT BRADFORD, 
     Brigham Young University; GENEVIEVE BRIAND, Eastern 
     Washington University; IVAN BRICK, Rutgers University; GEORGE 
     BROWER, Moravian College; PHILLIP BRYSON, Brigham Young 
     University; JAMES BUCHANAN, Nobel laureate; RICHARD BURDEKIN, 
     Claremont McKenna College.
       RICHARD BURKHAUSER, Cornell University; EDWIN T. BURTON, 
     Univ. of Virginia; JIM BUTKIEWICZ, Univ. of Delaware; HENRY 
     BUTLER, Northwestern University; WILLIAM BUTOS, Trinity 
     College; PETER CALCAGNO, College of Charleston; BRYAN CAPLAN, 
     George Mason University; ART CARDEN, Rhodes College; JAMES 
     CARDON, Brigham Young University; DUSTIN CHAMBERS, Salisbury 
     University; EMILY CHAMLEE-WRIGHT, Beloit College; V.V. CHARI, 
     Univ. of Minnesota; BARRY CHISWICK, Univ. of Illinois at 
     Chicago; LAWRENCE CIMA, John Carroll University; J.R. CLARK, 
     Univ. of Tennessee at Chattanooga; GIAN LUCA CLEMENTI, New 
     York University; R. MORRIS COATS, Nicholls State University; 
     JOHN COCHRAN, Metropolitan State College at Denver; JOHN 
     COCHRANE, Univ. of Chicago; JOHN COGAN, Hoover Institution, 
     Stanford University.
       LLOYD COHEN, George Mason University; JOHN COLEMAN, Duke 
     University; BOYD COLLIER, Tarleton State University; ROBERT 
     COLLINGE, Univ. of Texas at San Antonio; PETER COLWELL, Univ. 
     of Illinois at Urbana-Champaign; MICHAEL CONNOLLY, Univ. of 
     Miami; LEE COPPOCK, Univ. of Virginia; MARIO CRUCINI, 
     Vanderbilt University; CHRISTOPHER CULP, Univ. of Chicago; 
     KIRBY CUNDIFF, Northeastern State University; ANTONY DAVIES, 
     Duquesne University; JOHN DAWSON, Appalachian State 
     University; A. EDWARD DAY, Univ. of Texas at Dallas; CLARENCE 
     DEITSCH, Ball State University; ALLAN DESERPA, Arizona State 
     University.
       WILLIAM DEWALD, Ohio State University; ARTHUR DIAMOND, JR., 
     Univ. of Nebraska at Omaha; JOHN DOBRA, Univ. of Nevada, 
     Reno; JAMES DORN, Towson University; CHRISTOPHER DOUGLAS, 
     Univ. of Michigan, Flint; FLOYD DUNCAN, Virginia Military 
     Institute; FRANCIS EGAN, Trinity College; JOHN EGGER, Towson 
     University; KENNETH ELZINGA, Univ. of Virginia; PAUL EVANS, 
     Ohio State University; FRANK FALERO, California State 
     University, Bakersfield; EUGENE FAMA, Univ. of Chicago; W. 
     KEN FARR, Georgia College & State University; DANIEL 
     FEENBERG, National Bureau of Economic Research; HARTMUT 
     FISCHER, Univ. of San Francisco; ERIC FISHER, California 
     State Polytechnic University; FRED FOLDVARY, Santa Clara 
     University; MURRAY FRANK, Univ. of Minnesota; PETER FRANK, 
     Wingate University; TIMOTHY FUERST, Bowling Green State 
     University; B. DELWORTH GARDNER, Brigham Young University.
       JOHN GAREN, Univ. of Kentucky; RICK GEDDES, Cornell 
     University; AARON GELLMAN, Northwestern University; WILLIAM 
     GERDES, Clarke College; JOSEPH GIACALONE, St. John's 
     University; MICHAEL GIBBS, Univ. of Chicago; OTIS GILLEY, 
     Louisiana Tech University; STEPHAN GOHMANN, Univ. of 
     Louisville; RODOLFO GONZALEZ, San Jose State University; 
     RICHARD GORDON, Penn State University; PETER GORDON, Univ. of 
     Southern California; ERNIE GOSS, Creighton University; PAUL 
     GREGORY, Univ. of Houston; EARL GRINOLS, Baylor University; 
     DANIEL GROPPER, Auburn University; R.W. HAFER, Southern 
     Illinois University, Edwardsville; ARTHUR HALL, Univ. of 
     Kansas.
       STEVE HANKE, Johns Hopkins University; STEPHEN HAPPEL, 
     Arizona State University; RICHARD HART, Miami University; 
     THOMAS HAZLETT, George Mason University; FRANK HEFNER, 
     College of Charleston; SCOTT HEIN, Texas Tech University; 
     RONALD HEINER, George Mason University; DAVID HENDERSON, 
     Hoover Institution, Stanford University; ROBERT HERREN, North 
     Dakota State University; GAILEN HITE, Columbia University; 
     STEVEN HORWITZ, St. Lawrence University; DANIEL HOUSER, 
     George Mason University; JOHN HOWE, Univ. of Missouri, 
     Columbia; JEFFREY HUMMEL, San Jose State University; BRUCE 
     HUTCHINSON, Univ. of Tennessee at Chattanooga; BRIAN 
     JACOBSEN, Wisconsin Lutheran College; SHERRY JARRELL, Wake 
     Forest University.
       JASON JOHNSTON, Univ. of Pennsylvania; BOYAN JOVANOVIC, New 
     York University; JONATHAN KARPOFF, Univ. of Washington; BARRY 
     KEATING, Univ. of Notre Dame; NAVEEN KHANNA, Michigan State 
     University; NICHOLAS KIEFER, Cornell University; DANIEL 
     KLEIN, George Mason University; PAUL KOCH, Univ. of Kansas; 
     NARAYANA KOCHERLAKOTA, Univ. of Minnesota; MAREK KOLAR, Delta 
     College; ROGER KOPPL, Fairleigh Dickinson University; KISHORE 
     KULKARNI, Metropolitan State College of Denver; DEEPAK LAL, 
     UCLA; GEORGE LANGELETT, South Dakota State University; JAMES 
     LARRIVIERE, Spring Hill College; ROBERT LAWSON, Auburn 
     University; JOHN LEVENDIS, Loyola University New Orleans; 
     DAVID LEVINE, Washington University in St. Louis; PETER 
     LEWIN, Univ. of Texas at Dallas; W. CRIS LEWIS, Utah State 
     University; DEAN LILLARD, Cornell University; ZHENG LIU, 
     Emory University.
       ALAN LOCKARD, Binghampton University; EDWARD LOPEZ, San 
     Jose State University; JOHN R. LOTT, Jr., Univ. of Maryland; 
     JOHN LUNN, Hope College; GLENN MACDONALD, Washington 
     University in St. Louis; HENRY MANNE, George Mason 
     University; MICHAEL MARLOW, California Polytechnic State 
     University; DERYL MARTIN, Tennessee Tech University; DALE 
     MATCHECK, Northwood University; JOHN MATSUSAKA, Univ. of 
     Southern California; THOMAS MAYOR, Univ. of Houston; DEIRDRE 
     MCCLOSKEY, University of Illinois at Chicago; JOHN MCDERMOTT, 
     Univ. of South Carolina; JOSEPH MCGARRITY, Univ. of Central 
     Arkansas; ROGER MEINERS, Univ. of Texas at Arlington; ALLAN 
     MELTZER, Carnegie Mellon University; JOHN MERRIFIELD, Univ. 
     of Texas at San Antonio; JAMES MILLER III, George Mason 
     University; JEFFREY MIRON, Harvard University.
       THOMAS MOELLER, Texas Christian University; JOHN MOORHOUSE, 
     Wake Forest University; ANDREA MORO, Vanderbilt University; 
     ANDREW MORRISS, Univ. of Illinois at Urbana-Champaign; 
     MICHAEL MUNGER, Duke University; KEVIN MURPHY, Univ. of 
     Southern California; DAVID MUSTARD, Univ. of Georgia; RICHARD 
     MUTH, Emory University; CHARLES NELSON, Univ. of Washington; 
     WILLIAM NISKANEN, Cato Institute; SETH NORTON, Wheaton 
     College; LEE OHANIAN, UCLA; LYDIA ORTEGA, San Jose State 
     University; EVAN OSBORNE, Wright State University; RANDALL 
     PARKER, East Carolina University; ALLEN PARKMAN, Univ. of New 
     Mexico; DONALD PARSONS, George Washington University.
       SAM PELTZMAN, Univ. of Chicago; TIMOTHY PERRI, Appalachian 
     State University; MARK PERRY, Univ. of Michigan, Flint; 
     CHRISTOPHER PHELAN, Univ. of Minnesota; GORDON PHILLIPS, 
     Univ. of Maryland; MICHAEL PIPPENGER, Univ. of Alaska, 
     Fairbanks; TOMASZ PISKORSKI, Columbia University; BRENNAN 
     PLATT,

[[Page E746]]

     Brigham Young University; JOSEPH POMYKALA, Towson University; 
     WILLIAM POOLE, Univ. of Delaware; BARRY POULSON, Univ. of 
     Colorado at Boulder; BENJAMIN POWELL, Suffolk University; 
     EDWARD PRESCOTT, Nobel laureate; GARY QUINLIVAN, Saint 
     Vincent College; REZA RAMAZANI, Saint Michael's College; 
     ADRIANO RAMPINI, Duke University; ERIC RASMUSEN, Indiana 
     University; MARIO RIZZO, New York University; NANCY ROBERTS, 
     Arizona State University; RICHARD ROLL, UCLA.
       ROBERT ROSSANA, Wayne State University; JAMES ROUMASSET, 
     Univ. of Hawaii at Manoa; JOHN ROWE, Univ. of South Florida; 
     CHARLES ROWLEY, George Mason University; JUAN RUBIO-RAMIREZ, 
     Duke University; ROY RUFFIN, Univ. of Houston; KEVIN SALYER, 
     Univ. of California, Davis; THOMAS SAVING, Texas A&M 
     University; PAVEL SAVOR, Univ. of Pennsylvania; RONALD 
     SCHMIDT, Univ. of Rochester; CARLOS SEIGLIE, Rutgers 
     University; ALAN SHAPIRO, Univ. of Southern California; 
     WILLIAM SHUGHART II, Univ. of Mississippi; CHARLES SKIPTON, 
     Univ. of Tampa; JAMES SMITH, Western Carolina University; 
     VERNON SMITH, Nobel laureate; LAWRENCE SOUTHWICK, JR., Univ. 
     at Buffalo; DEAN STANSEL, Florida Gulf Coast University; 
     HOUSTON STOKES, Univ. of Illinois at Chicago; BRIAN STROW, 
     Western Kentucky University; SHIRLEY SVORNY, California State 
     University, Northridge; JOHN TATOM, Indiana State University; 
     WADE THOMAS, State University of New York at Oneonta.
       HENRY THOMPSON, Auburn University; ALEX TOKAREV, The King's 
     College; EDWARD TOWER, Duke University; LEO TROY, Rutgers 
     University; WILLIAM TRUMBULL, West Virginia University; DAVID 
     TUERCK, Suffolk University; CHARLOTTE TWIGHT, Boise State 
     University; KAMAL UPADHYAYA, Univ. of New Haven; CHARLES 
     UPTON, Kent State University; T. NORMAN VAN COTT, Ball State 
     University; RICHARD VEDDER, Ohio University; RICHARD WAGNER, 
     George Mason University; DOUGLAS M. WALKER, College of 
     Charleston; DOUGLAS O. WALKER, Regent University; MARC 
     WEIDENMIER, Claremont McKenna College; CHRISTOPHER WESTLEY, 
     Jacksonville State University; ROBERT WHAPLES, Wake Forest 
     University; LAWRENCE WHITE, Univ. of Missouri at St. Louis; 
     WALTER WILLIAMS, George Mason University; DOUG WILLS, Univ. 
     of Washington Tacoma; DENNIS WILSON, Western Kentucky 
     University; GARY WOLFRAM, Hillsdale College; HUIZHONG ZHOU, 
     Western Michigan University.

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