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<a href="http://www.accessmylibrary.com/coms2/summary_0286-38045393_ITM" title="Facts and information about Cancerous growth of government: while every other major component of the economy is shrinking, government at all levels has grown to consume nearly half of America's gross domestic product.(ECONOMY)">Cancerous growth of government: while every other major component of the economy is shrinking, government at all levels has grown to consume nearly half of America's gross domestic product.(ECONOMY)</a>
Cancerous growth of government: while every other major component of the economy is shrinking, government at all levels has grown to consume nearly half of America's gross domestic product.(ECONOMY)
The New American
|
May 11, 2009 |
Newman, Alex |
COPYRIGHT 2009 American Opinion Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
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While government continues to grow by leaps and bounds, the private sector is being squeezed. Much-needed capital for investments is being spent on government projects while businesses and individuals are starved for credit. Government is hiring--either directly, or indirectly through government-backed "stimulus" projects--while on the whole companies across the nation shed jobs. The people are being taxed more heavily to support this growth, either directly or through inflation to finance government borrowing, and until there's a policy change, it's only going to get worse. This has been the trend for decades, but is accelerating at ...
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Source: HighBeam Research, Cancerous growth of government: while every other major component of...