Different take on TABOR.

• Author: Lynch, Daniel
• Position: Readers respond - Letter to the Editor

I was pretty excited to learn about new economic principles in Robert Schwab's article about the debate between former Sen. Alan Simpson and former Secretary of Labor Robert Reich at the University of Denver ("Simpson-Reich debate rekindles joy in politics," April).

We were told that Reich and Simpson joked with each other about various economic issues, including "the 'shackle' Colorado's Taxpayer Bill of Rights (TABOR) places on the state's economic growth."

It was presented as an accepted fact. Apparently, government spending creates economic growth. Did I miss something? I thought that all federal/state/municipal spending was a process in which money was taken from one person and given to, or spent upon, another...