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.

Recommend this post on Google!

Related Posts with Thumbnails