Home > Money > Rick Newman > How the Government Is Swallowing the Economy

By Rick Newman

Posted: November 9, 2009

You know about the bailouts, the stimulus plan, cash for clunkers, and moola for mansions. But for all the anxiety they've caused, those government giveaways are just a tiny part of a mushrooming problem.

By one measure, the government already plays an outsize role in our so-called free-market economy—and it has little to do with the recession. Economist Gary...