History of growth in government spending

The trend over the past century has been ever-larger government. Like a snowball rolling downhill, small at first but growing larger and larger. I think some people don’t fully grasp how large government has become. Certainly most people from a century ago would find it difficult to comprehend the size and reach of government today. … Continue reading History of growth in government spending

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Are stock buybacks bad for the economy?

Some people denounce stock buybacks. They’re a scam! They’re destroying the economy! They only benefit the rich! Are stock buybacks bad for the economy? Let’s take a look. Definition A stock buyback is when a company buys back shares of its own stock. This reduces the total number of shares held by the investing public. … Continue reading Are stock buybacks bad for the economy?

Does government safety net subsidize businesses?

An old argument has popped up again, mainly due to publicity from Bernie Sanders. The argument goes like this. Anti-poverty assistance given by government to low-wage employees is actually a subsidy to the employer, not the employee. That’s because government assistance allows businesses to pay lower wages. Is the argument true? Let’s take a look. … Continue reading Does government safety net subsidize businesses?