It is commonly claimed that government spending is good for the economy, but the statistics show the opposite. Most recent studies find a negative correlation between total government size and economic growth. Why is economic growth important? Because wealthier societies are generally happier societies. No matter how good things get for us, we always…
Tag: Economic Growth
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Housing Bubble Wastes $2 Trillion on 14 Million Empty Houses
Empty houses in the US = 14 million. Median Home Price = $160,000. Money Wasted on Building Unneeded Homes = $2 trillion. Why would Americans be so dumb as to build 14 million houses they didn’t need? The two primary reasons we built too many houses are: The United States spends more than $100 billion annually…