Between $1.9 trillion in pandemic relief, an extra half trillion in the infrastructure bill, and just under a trillion in the Inflation Reduction Act, President Joe Biden has signed into law unprecedented increases in federal spending. All this has blown out a massive budget deficit and caused debt to climb as a share of the economy. Fortunately, there’s an alternative to big government. It’s found at the state level and, critically, it’s working for regular people.
Red states are putting a lid on spending and debt while expanding economic freedom — and enjoying marked gains in prosperity. Even many blue states aren’t going as far as the Biden administration in growing government. A comprehensive index just released by the Cato Institute shows as much.
TALKING TURKEY: WHY THE COST OF THE HOLIDAY DINNER HAS RISEN SO MUCH IN RECENT YEARS
First, look at the numbers right…
