Friday, December 19, 2008
Government Gets Bigger
Greg Mankiw reminds us all why he's a Harvard professor and we're not. When government expands, it almost never contracts again. As a result, most new government programs lead to current and future taxpayers contributing more of their money to the government's coffers every year--and it doesn't stop. Thus, taxpayers should be ever-vigilant when it comes to any government expansion, even those purportedly for our benefit.