Tuesday, August 25, 2009

Eight Reasons Why Big Government Hurts Economic Growth

Dan Mitchell analyzes the economic impact of big government spending.

"Simply put, freedom is the absence of government coercion. Our Founding Fathers understood this, and created the least coercive government in the history of the world. The Constitution established a very limited, decentralized government to provide national defense and little else. States, not the federal government, were charged with protecting individuals against criminal force and fraud. For the first time, a government was created solely to protect the rights, liberties, and property of its citizens. Any government coercion beyond that necessary to secure those rights was forbidden, both through the Bill of Rights and the doctrine of strictly enumerated powers. This reflected the founders’ belief that democratic government could be as tyrannical as any King.

Few Americans understand that all government action is inherently coercive. If nothing else, government action requires taxes. If taxes were freely paid, they wouldn’t be called taxes, they’d be called donations. If we intend to use the word freedom in an honest way, we should have the simple integrity to give it real meaning: Freedom is living without government coercion. So when a politician talks about freedom for this group or that, ask yourself whether he is advocating more government action or less" - Dr. Ron Paul

"Tax policy should not be based on the premise that government owns you and allows you to keep some arbitrary amount of your labor." - Dr. Ron Paul

"A government which lays taxes on the people not required by urgent public necessity and sound public policy is not a protector of liberty, but an instrument of tyranny." Calvin Coolidge


Anonymous said...

Firstly you protect the rights, liberties, and property of its citizens.

Ed said...

you don't really'own' your home.
the government can sell it out from under you if you do not succumb to the coercive tax policies they enact.