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October 19th, 2012 12:29 pm
Smaller Government, Strong Economy

At the University of Mobile’s Center for Leadership, I review the record showing that limited government leads to stronger economies. There much more in the column than the following passage, but here’s a taste:

Indeed, historians are hard-pressed to show any time in American history when major domestic-discretionary spending growth actually generated a stronger economy. But when Reagan cut discretionary spending in the 1980s, combined with his tax cuts, the economy did superbly. When the Newt Gingrich Congress passed major spending cuts in 1995-96, the economy again boomed.

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