February 9, 2011

Why Big Government Doesn’t Work

The latest video released by the Center for Freedom and Prosperity Foundation (CF&P) highlights the “four reasons why big government is bad government.” This is the eleventh video of CF&P’s Economics 101 series, which is designed to explain free market concepts, with particular emphasis on reaching students and young people.

In short, the video explains that excessive government spending:
  1. crowds out private growth
  2. requires destructive levels of taxation
  3. created deficits and a massive debt
  4. violates the Constitutional prescription of limited government.
Needless to say, this is also the path which led to the fiscal collapse of some European welfare states.




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