Dan Mitchell Video: 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.
Tags: Big Government, Debt, Deficit, Economics, Fiscal Policy, Government Spending, Higher Taxes, Laffer Curve, Rahn Curve, Spending, Taxation, Dan Mitchell To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
We All Know Government Is Too Big - Video: Debunking Obama's Keynesian Spending Binge
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