The Rahn Curve and the Growth-Maximizing Level of Government
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Uploaded by afq2007 on Jun 29, 2010
Government spending can promote economic growth if money is used for core "public goods" such as rule of law and property rights. But the burden of government spending in the United States and other industrialized nations is far higher than needed to finance such activities. Citing scholarly studies, this CF&P Foundation video examines the Rahn Curve, which graphically illustrates the negative impact of excessive government spending. www.freedomandprosperity.org
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@DystopianUtopia Trolls are into defending massive govt. Bottom line: defense spending as a portion of the overall size of the economy (% of GDP) is historically low, while spending on social programs is at all time highs. We won the Cold War because of Reagan, and spending was never close to all time highs when he was prez. Socialism is sucking out our souls, not to mention denying liberty. If NORML is your cause, feel free to promote it.
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Stop sucking Reagan's dick and stop blaming the Democrats for EVERYTHING you perceive to be bad that happened under Reagan. He had the power of veto. He also spent ridiculous amounts on the military (and ran up the debt 2xas a % of GDP) and incited much the hatred that is directed at the US today. He also massively expanded the failure of modern prohibition we call the War on Drugs. He was also the most protectionist president since Hoover.
He was no friend of liberty, are you?
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@Spjungen hello, nice of you to take an interest, i would love to talk about the issues, and i shall do my best on the spelling,
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Wow this is interesting, I'd heard of the laffer curve but never the rahn curve...
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@rictorn I love how socialist dickwits like you can't spell xD
Idiot
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stupicd capitalists name there think tank after burt qwarks carictor in the pink panther
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That guy looks like a pirate ARRRRRRR!
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Reagan said government was not the solution, but rather it was the problem. Since 1988 it's gone past this point. Now it's the enemy.
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@UBSCARED you're smoking crack. Reagan never raised taxes, but the Democrat Congress did, after promising Reagan they'd reduce them. Figures. Maybe you'll recall Reagan's OPM Director Don Devine. He got the same treatment as Walker's getting in Wisconsin from the Left's precious government unions. So trying to overcome the growth of government, stymied again by the socialists. Socialist hate this country so much they're willing to do anything to bring it down. Are you one of them?
lmt61251 11 months ago 4
lol i only now noticed that rahn curve prooved that communism fails
Dweepnes 1 year ago 4