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Monday, August 17, 2009

Government Spending and the Economy

Government spending grew rapidly during the Bush administration, and now is exploding under President Obama.

Some people actually assert that this is good for the economy. It’s not, of course, and the Center for Freedom and Prosperity Foundation takes a look at the economic impact of government spending, and highlights eight problems with bigger government.

Check out “Eight Reasons Why Big Government Hurts the Economy.” It’s well worth the six-and-a-half minutes.

Raymond J. Keating
Chief Economist
Small Business & Entrepreneurship Council

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