This mini-documentary from the Center for Freedom and Prosperity Foundation explains how the statist policies of Presidents Hoover and Roosevelt lengthened and deepened the Great Depression. The video also briefly explains how reductions in the burden of government spending helped the economy recover from a deep recession after World War I and to grow after World War II.
read more...Many European welfare states have been caught in a downward spiral of taxes, spending, and debt. This mini-documentary from the Center for Freedom and Prosperity identifies key lessons for policymakers seeking to avoid the inevitable fiscal crisis caused by the welfare state.
read more...The so-called War on Poverty has failed. Making government bigger and creating more federal redistribution programs has been bad news for taxpayers. But the welfare state also has been a disaster for the less fortunate, creating a flypaper effect that makes it difficult for people to lead independent and self-reliant lives. This Center for Freedom and Prosperity Foundation video shows how the poverty rate was falling after World War II — but then stagnated once the federal government got involved.
read more...This Economics 101 video from the Center for Freedom and Prosperity gives seven reasons why the political elite are wrong to push for more taxes. If allowed to succeed, the hopelessly misguided pushing to raise taxes would only worsen our fiscal mess while harming the economy.
read more...This Center for Freedom and Prosperity Foundation Economics 101 video succinctly explains why tax competition restrains excessive government since politicians realize that jobs and investment can cross bordes if they get too greedy and impose punitive tax policy.
read more...This Economics 101 video from the Center for Freedom and Prosperity explains that excessive government spending undermines prosperity by diverting resources from the productive sector of the economy. Moreover, the two main ways of financing government – taxes and borrowing – cause additional economic damage.
read more...Politicians and journalists who fixate on consumer spending are putting the cart before the horse. Consumer spending generally is a consequence of growth, not the cause of growth. This Center for Freedom and Prosperity video helps explain how to achieve more prosperity by looking at the differences between gross domestic product and gross domestic income.
read more...The capital gains tax is a perverse form of double taxation that should be abolished. This bad tax is especially damaging because families often are taxed on gains that are solely the result of inflation. This video explains how taxpayers could be protected by indexing the capital gains tax so the levy only applies to inflation-adjusted gains.
read more...This CF&P Foundation video explains that repealing Obamacare is just the first step if we want to genuinely restore a free market and create an efficient and cost-effective healthcare system.
read more...This video explains how arbitrarily mandating a certain wage can have terrible consequences, such as the eliminations of job opportunities for less fortunate members of society.
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