Former Senator Phil Gramm had a column last week in the Wall Street Journal that deserves two blog posts. This first post highlights Gramm’s analysis showing that the U.S. has been very Keynesian compared to Europe, with numerous efforts to jump start the economy with deficit spending. But Senator Gramm hits the nail on the […]
read more...Our fiscal policy goal should be smaller government, but here’s a video for folks who think that balancing the budget should be the main objective. The main message is that restraining the growth of government is the right way to get rid of red ink, so there is no conflict between advocates of limited government and […]
read more...Eli Lehrer has an article on the FrumForum entitled “Five Revenue Raisers the GOP Should Back.” He argues it would be good to get rid of preferences such as the state and local tax deduction and the mortgage interest deduction, and he also asserts that there should be “user fees” for things such as transportation. […]
read more...Government spending can promote economic growth if money is used for core “public goods” such as rule of law and property rights. But the burden of government spending in the United States and other industrialized nations is far higher than needed to finance such activities. Citing scholarly studies, this CF&P Foundation video examines the Rahn Curve, which graphically illustrates the negative impact of excessive government spending.
read more...This video explains that unfunded liabilities for entitlement programs are America’s real red-ink challenge, and reveals that deficits and debt are symptoms of a larger problem: the excessive burden of government spending.
read more...In a new “Economics 101” video released today by the Center for Freedom and Prosperity Foundation (CF&P), Lotta Moberg, graduate student at Lund University, Sweden, explains that the economy of Sweden began to stagnate about 40 years ago because of excessive statism and government spending.
read more...Huge deficits and skyrocketing debt levels are creating considerable worry. This Center for Freedom and Prosperity video explains that that government borrowing is excessive – and will get worse in coming decades. But this mini-documentary explains that deficits and debt are merely the symptoms, and a rising burden of government spending is the real problem.
read more...Building on a previous mini-documentary that focused on theory, this video from the Center for Freedom and Prosperity Foundation presents real-world data and research showing that the burden of government spending is far too high – not only in the United States (where the Bush-Obama policies have increased the federal budget by more than 100 percent), but also in other nations where government budgets sometimes consume more than one-half of an economy’s output.
read more...The Center for Freedom and Prosperity Foundation (CF&P) today released a video on the empirical relationship between the size of government and economic growth.
read more...Speaking at a Steamboat Institute conference, Dan Mitchell makes an impassioned case for limited government and individual freedom. Steamboat Springs, Colorado, August 28, 2009.
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