- The Foundry: Conservative Policy News from The Heritage Foundation - http://blog.heritage.org -
Video: Eight Reasons Why Big Government Hurts Economic Growth
Posted By Conn Carroll On August 19, 2009 @ 2:17 pm In Ongoing Priorities | Comments Disabled
The Center for Freedom and Prosperity Foundation  features CATO’s Dan Mitchell in this video on how and why government spending diminishes economic performance:
Professor Perry explains :
The graph shows that as the size of government (share of GDP) increases for OECD countries, economic growth (real GDP) suffers. Economic growth is more than 4 times greater (6.6% vs. 1.6%) in the countries with the lowest government spending (<>60%).
Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org
URL to article: http://blog.heritage.org/2009/08/19/eight-reasons-why-big-government-hurts-economic-growth/
URLs in this post:
 Center for Freedom and Prosperity Foundation: http://www.freedomandprosperity.org/
 Carpe Diem: http://mjperry.blogspot.com/2009/08/8-reasons-why-big-govt-hurts-economic.html
 Joint Economic Committee: http://www.house.gov/jec/growth/function/function.pdf
Copyright © 2011 The Heritage Foundation. All rights reserved.