Economy Item ID: #504


Downsizing the Federal Government



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Product Information:

  • Author : Chris Edwards
  • Binding : Hardcover
  • DeweyDecimalNumber : 352.367
  • EAN : 9781930865822
  • ISBN : 1930865821
  • Label : Cato Institute
  • Languages :
  • ListPrice :
  • Manufacturer : Cato Institute
  • NumberOfItems : 1
  • NumberOfPages : 192
  • PackageDimensions :
  • ProductGroup : Book
  • ProductTypeName : ABIS_BOOK
  • PublicationDate : 2005-12-25
  • Publisher : Cato Institute
  • Studio : Cato Institute
  • Title : Downsizing the Federal Government

Item Description

Senator Elect Ron Paul says Downsizing the Federal Government by Christopher Edwards is a very detailed analysis that goes through every program. The author shows how most federal programs are unnecessary, actively damaging, or properly the responsibility of the states or the private sector. This book examines a huge range of programs that should be cut to balance the budget and reduce taxes.

Item Reviews

5 Responses to “Downsizing the Federal Government”

  1. Richard J. Savadel says:

    The book which clearly lays out the destructive spending of the federal government should be mandatory reading for all legislators, the majority of whom are theives. I urge all Americans to read it and then send a letter to their congressman demanding an immediante downsizing of federal spending before our country becomes bankrupt sending us into the most horrible depression which will take decades to recover from. Let us be concerned about our grandchildren who will live in poverty unless something is done now.

    The book lays out how the downsizing can be readily accomplished.

  2. Bernard Chapin says:

    First off, let me state that the price of this book has no correlation with its value. At the moment I see that there is an amazon z shop copy of the paperback edition available for only a penny. This has nothing to do with the worth of the product though. What I suspect is that Cato, the publisher, printed copies and made them available for free in order to get the word out. I’m fairly certain this is why there are so many copies in circulation, and, thus, why the price is so low (happily, I got mine a couple of weeks ago for only a penny too).

    Long has the USA been slouching towards socialism but I believe that we now stand on the precipice of socialism completely destabilizing our economy and dooming our collective prospects. I know this to be true due to the fact that the bond rating service Moodys is now considering a reduction in our bond ratings due to our government not being able to meet its healthcare and pension obligations. What will our representatives do to solve the crisis? Well, they’ll raise taxes and make emotional appeals “for the kids” or “for the elderly.” The last thing they’ll ever do is follow the excellent plan Mr. Edwards sets forth in Chapter 4. His plan–which really is very modest–would cut spending by 380 billion a year. This does not sound like much in lieu of our recently announced 3.1 billion dollar budget, yet it would be enough to place us back upon the road to solvency. At the very least, it would make balancing the budget on an annual basis a distinct possibility.

    When Barack Obama talks about “change” the very last thing he longs to do is actually change anything. Statist visionaries are ensconced in both parties, but generally only those on the left react to suggestions for reform with allegations of cruelty, racism, and sexism (as Charlie Rangel has done). What none of our politicians want to do is explain why the Economic Research Service, the Agricultural Statistics Service, the Farm Service Agency, Rural Development, Rural Utilities Service, the Foreign Agricultural Service, Pacific salmon state grants, and the International Trade Administration are not what they seem: wasteful grants which benefit special interest agencies. Our leaders are too self-important to make known why the needs of the public would not be better served by terminating and/or privatizing such entities. Once again, it’s all emotion all the time in America. That’s why this fetish for government expansion has jeopardized all of our futures. Let’s all send a copy to John McCain.

  3. Adam Kouns says:

    Edwards’ take on the role of federal government, in the first few chapters, is a stunningly refreshing look at what our budget should be according to our constitution. Definitely not a partisan writer…equally blasts the GOP and Dems.

  4. William Whipple III says:

    Instead of advocating tax increases in the name of fiscal responsibility, this book focuses on how the bloated federal budget ($2.5 trillion in 2005, or about 20% of gross domestic product) could be reduced if our leaders put their minds to it.

    Mr. Edwards argues that many current federal programs are harmful (e.g., import restrictions), unduly beneficial to special interests (agricultural subsidies, corporate welfare), and/or better left to the states (education) or private sector (rail transportation).

    One special problem is government grants, which are used by the federal government to influence programs of state or local governments. Some $426 billion in grants were paid out in 2005, ranging from $186 billion for the federal share of Medicaid to “hundreds of more obscure programs that most taxpayers have never heard of.” The result is to encourage overspending for the stated grant purposes, foster federal, state and local bureaucracies to document compliance with federal mandates, and reduce flexibility and innovation at the state level.

    Another problem is duplication. Different federal programs often have overlapping objectives, resulting in “turf wars” and/or unnecessary costs to ensure coordination. Thus, the GAO has reported 50 different programs for the homeless in eight federal agencies, 23 programs for housing aid in four agencies, 26 programs for food and nutrition aid in six agencies, and 44 programs for employment and training services in nine agencies. If a program is ineffective or obsolete, the typical response is to create additional programs — without eliminating the existing program.

    Edwards lists more than 100 programs and agencies as candidates for elimination, with resultant savings of $380 billion per year. He also advocates cost-saving changes to entitlement programs. If all of his recommendations were implemented, the current federal deficit could be converted to a surplus without raising taxes.

    Instead of streamlining the government, why not concentrate on managing its programs better? The answer is that efforts along this line, going back to the Committee of Economy and Efficiency in Government appointed by Taft in 1910, have failed repeatedly.

    Is government downsizing possible? Sure, if enough people demand it, but our political leaders typically hear much more about how additional money should be spent than they do about how existing programs should be eliminated to save money.

    In summary, this is a sound and useful book. Putting its recommendations into practice, however, may prove easier said than done.

  5. Jeff Spear says:

    Rarely has any politician actually put pen to paper to identify what kinds of specific reductions would lead to a balanced federal budget. Chris Edwards makes a compelling case for strategic reductions so that our collective income and outgo is matched. Of course, since he wrote this, the deficit has ballooned to four times what it was in 2006. Nonetheless, this is required reading for those who believe that our country is increasingly vulnerable to the whims of our creditors and that our children cannot be saddled with such an enormous burden.

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