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A Redistribution Follow-up

Even though I’m mostly staying out of politics I wanted to do a follow up on Pang’s comment to the “Obama Redistribution” audio. Pang’s comment first: “I actually heard the piece before on NPR. They replayed it a few months back. In...

Is Government Spending Really Out of Control?

Even prior to the financial crisis, it was not unusual for politicians and pundits to assert that government spending is out of control. That government just keeps growing and growing and growing. Did you ever wonder if it was true? Last year the U.S. GDP was $13.8...