Wednesday, June 30, 2010
The Rahn Curve - Big Government Depresses The Economy
Richard Rahn of The Cato Institute created the Rahn Curve to chart the effect of government spending on the economy. You will note that the curve resembles the Laffer curve that relates the economy to taxes. You have to wonder what economics textbooks those dunderheads in Washington are reading.
Labels:
Big Government,
Economy
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