Competitiveness Means Less Government, Not More
The Administration's American Competitiveness Initiative is thewrong solution in response to a flawed diagnosis. America'scompetitive position is not threatened because the federalgovernment is not spending enough: The problem is that governmentis too big. Excessive government causes the misallocation of laborand capital, and the high tax rates needed to finance it discouragework, saving, and investment.
Source: heritage.org
