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Tuesday, August 21, 2012

Budget

Econ Comments & Analysis                                                                                            
Forbes | Where to Cut the Federal Budget? Start by Killing Corporate Welfare
Most politicians want to cut the federal budget in theory. Few want to cut it in practice. So it is with corporate welfare, which is enthusiastically supported by Democrats and Republicans alike.
Washington Times | RAHN: Stop global economic malpractice
Most of the major democratic countries are headed for a fiscal cliff because they have been increasing government spending at a rate far higher than economic growth for the past several years. Only seven of the 38 largest middle- or high-income economies that are non-petroleum-state democracies that the Economist reports on each week can be said to have their fiscal houses in order...

Blogs                                                                                                                             
Cato@Liberty | The Cost of Government
...if the government is still going to engage in “sustained deployments” of our military across the globe, and provide retirement income and health care to tens of millions of people, then the size of government isn’t going to shrink. But surely those are the issues we should be debating.