How Much Money Should the Government Spend?
Published February 9, 2023
In 2021, government expenditures in the United States totaled 44% of GDP. The state finances this expenditure through taxes, fees, printing money, and borrowing. Hoover senior fellow Joshua Rauh details the government’s use of these funds.
Discussion Questions:
- How big should the government be?
- When is the role of the government justified versus not justified?
Additional Resources:
- Read “How Much Do Public Employees Value Defined Benefit Versus Defined Contribution Retirement Benefits?” by Joshua Rauh. Available here.
- Watch “Tax Flight: Behavioral Responses to State Income Taxation,” with Joshua Rauh on PolicyEd. Available here.
- Watch “Setting the Record Straight on Wealth Inequality,” with Tyler Goodspeed on PolicyEd. Available here.