Tuesday, July 12, 2011

Government Spending 101

Check out this very useful site at Mercatus.org for some basic information on government finance (which sounds super exciting, right?). No but seriously, who doesn't want to know this stuff these days? The articles are brief and easy to understand. I found it very enlightening.

Also, in listening to some Michael Medved yesterday, during his interview with Arthur Brooks, Brooks stated that most government growth has occurred at the state level. When the federal problems are foremost in the news, one forgets about the fact that our states are mostly suffering the same issues. Our governments are hurtling toward fiscal failure. We cannot have our cake (vast social programs, primarily) and eat it too (not pay for it).

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