AUSTRIAN ECONOMICS ADDICT

“GOVERNMENT IS NOT REASON, IT IS NOT ELOQUENCE, IT IS FORCE, LIKE FIRE IT IS A DANGEROUS SERVANT, AND A FEARFUL MASTER.” George Washington.

Government should not be bigger than the individual. This means that politicians and bureaucrats in government should not usurp the decision making power that is the purview of the individual. The US Constitution lists and limits the power of the Federal Government. There can be no question that Government power has expanded beyond what the Constitution mandates. Can the power of the individual be restored? The only way this can happen is if Government power is cut back.

How Big Should Government Be? Video from Prager University.

Excerpts from the video.

“When Government grows in size and power these things will happen.”

1)”There will be ever increasing amounts of corruption. (People in government will well government influence for personal and political gain. People outside of government will seek to buy influence and favors.)”

2)”Individual liberty will decline. (The more control government has over peoples lives, the less liberty people will have.)”

3)”Countries with ever-expanding government will either reduce the size of their government or eventually collapse economically. (Every welfare state ultimately becomes a ponzi scheme.)”

4)”In order to pay for an ever-expanding government taxes are continually increased. (At a given level of taxation, the countries wealth producers 1) stop working, 2) work less, 3) hire fewer people, 4) move their business out of state or the country.)”

5)”Big government produces big deficits and ever increasing and ultimately unsustainable debt.”

6)”The bigger the government, the greater the opportunities for doing great evil. (The 20th century was the most murderous century in recorded history and who did the killing? Big government.)”

7)”Big government eats away at the moral character of a nation. (People no longer take care of other people. They know the government will do that.)”

Related Article – Abuses Of Power By Individuals In Government, at austrianaddict.com.

Related Article – As The Number Of Laws Increase, Individual Freedom Decreases, at austrianaddict.com.

Related Article – Individual Liberty Is The Least Contentious Way Of Settling Differences, at austrianaddict.com.

This entry was posted on December 15, 2015 at 12:12 am and is filed under Government and Politics. You can subscribe via RSS 2.0 feed to this post's comments.

Tags: Abuses of Power, Gov. Deficits and Debt, Government Corruption, Government Is Force, How Big Should Government Be, Individual Liberty, Prager University