National Debt Clock

Monday, May 11, 2009

The Impact of Government Spending on Economic Growth

http://www.heritage.org/research/budget/bg1831.cfm

The best empirical argument I have seen on the benefits of a smaller government. Pay special attention to the references to other countries and how much media attention associated with each. European countries are often looked upon more fondly in the media, however have inferior grow to that of the United States. However, countries such as Ireland, New Zealand, and Slovakia who have decreased government spending and have benefited, receive hardly any media coverage.

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