Thursday, July 07, 2005

Essay: Dependency on Government by Walter Williams

William Beach has just written a report for the Washington, D.C.-based Heritage Foundation titled "The 2005 Index of Dependency." Between 1962 and today, American dependence on government has more than doubled and shows little sign of abatement. The growth areas of dependency examined in the report are: welfare and medical care, housing, retirement income, education, and rural and agricultural services. The budgetary impact of dependency threatens perpetual budget deficits and high taxes, but to focus only on the budgetary impact is to trivialize the more devastating aspects of dependency. (Dependency on Government by Walter Williams)


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