The U.S. welfare state is rushing toward a fiscal cliff. Without a dramatic cut in government spending or a steep increase in taxes, the nation’s massive indebtedness will spark a fiscal crisis likely to force citizens and politicians to reassess the government’s role in the economy and to consider free-market, civil-society-based alternatives.
Download PDF
(7 pages)
Benjamin Powell is a Senior Fellow at the Independent Institute and Director of the Free Market Institute at Texas Tech University.
Email| Other Independent Review articles by Benjamin Powell | ||
| Summer 2024 | No Sweat?: Living Standards and Sweatshop Wages in Developing Countries | |
| Summer 2022 | The Ethics of Doing Business with Illegal Immigrants | |
| Winter 2017/18 | Raveling the Immigration Narrative | |
| [View All (6)] | ||
