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This article argues in favor of the elimination of so-called corporate welfare, or subsidies given to businesses by the federal government, in the United States. A forthcoming paper by Stephen Slivinski of the Cato Institute lists $87 billion of corporate welfare in this year's budget. And corporate-welfare spending is growing, and has increased by 30 percent since 1997. Different groups had different views on corporate welfare. Conservatives argued that most tax breaks could not be counted as welfare. According to them, letting companies keep more of their profits was not the same as giving them taxpayers' money. Since 1995, opponents of corporate welfare have tried to eliminate the Advanced Technology Program. U.S. President George W. Bush wants to eliminate the program, but so far his proposal is going nowhere.

The article discusses the history of the presidency of Ronald Reagan in the U.S. From 1992 to 1990, the U.S. experienced straight months of economic growth and almost 20 million brand-news jobs were created. Inflation and interest rates fell to low levels. Government expenditures nearly doubled. Reagan himself was a pretty good economist. He majored in economics in college and studied economic policy. But the driving force behind Reagan's economic policy was the large group of economic experts he assembled in 1980. INSET: Untitled (quote), by Stanley Greenberg..

Focuses on the federal expenditures in the U.S. View that those people who have been troubled by the explosive growth of governmental activities in recent years and by the threat they pose to the freedom and responsibility of the individual can relax; Claim that people have all been mistaken and government is not really growing when one views it in meaningful terms; Comment on the speech of U.S. President Lyndon Baines Johnson to the Committee for Economic Development; Information that ten years ago there was one person on the public civilian payroll for every eight in private employment and today that ratio is down to 1:6.3.

Focuses on the role of the U.S. federal government in aiding states with low per capita income. Formula suggested for determining the economic standing of a state; Details of several proposed tax reforms.