The Center for Freedom and Prosperity Foundation has released a new video which examines how government spending hurts economic growth. The video cites eight primary costs associated with government spending:
- Extraction Cost
- Displacement Cost
- Negative Multiplier Cost
- Behavioral Subsidy Cost
- Behavioral Penalty Cost
- Market Distortion Cost
- Inefficiency Cost
- Stagnation Cost
For more information on broader issue of the cost of government, check out the Cost of Government Day 2009 Report here.