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Liberty Lost: American Big Government and the Erosion of the U.S. Constitution: A Brief History Liberty Lost: American Big Government and the Erosion of the U.S. Constitution: A Brief History by Michael Dahlen
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“Although private entrepreneurs financed and built many roads and canals, state governments in the 1820s intervened instead, amending their constitutions to subsidize canal building. Most state-funded canals weren’t finished, generated little or no income, or went bankrupt. As a result, by 1860 most states amended their constitutions again to prohibit such subsidies.[8]”
Michael Dahlen, Liberty Lost: American Big Government and the Erosion of the U.S. Constitution: A Brief History
“During the twentieth century, however, the size, scope, and power of government exploded. Total government spending increased from 6.73 percent of GDP in 1906 to 37.79 percent of GDP in 2014.[2] The dollar has lost more than 95 percent of its value due to the inflationary policies of the Federal Reserve. Top marginal income tax rates have been as high as 94 percent. Entitlement programs now constitute more than 60 percent of the federal budget. And businesses are hog-tied by more than 175,000 pages of red tape in the Code of Federal Regulations. What”
Michael Dahlen, Liberty Lost: American Big Government and the Erosion of the U.S. Constitution: A Brief History