RAHN: Government spending jobs myth - Washington Times

RAHN: Government spending jobs myth - Washington Times: 'As can be seen in the accompanying chart, there is an inverse relationship between increasing the size of government and job creation.'

'there is an enormous tax extraction cost for the government to obtain each additional dollar. Estimates of this extraction cost typically run from $1.40 to well over $2.50 of lost output for each dollar the government obtains.'

'If additional government spending could create more jobs, it would be expected that over the long run, the socialist or semisocialist economies would have full employment and the smaller-government, developed economies would have higher unemployment. Again, the empirical evidence shows just the opposite.'