Sound Economics and Evangelicals     We are just beginning to
see the consequences of increased government spending. The
presidentially appointed Grace Commission lists our current
national debt at $3 trillion, and says it will grow to $14
trillion by the end of the decade unless something is done.
Government is extraordinarily inefficient, creating problems
rather than solving them. It has been estimated that the
government spends twice as much in creating jobs as does the
private sector. For example, Stanford University received a $15
million government grant to create jobs. For the $15 million,
they created thirty-nine jobs–an average of $324 thousand per
job. The private sector produces jobs for $20 thousand.
Obviously, the more money taken from Americans in taxes to pour
into these government projects, the less money remains in the
private sector and the fewer jobs there are. Another example of
unsound economic principles is the creation of the welfare
state. Many women have learned that they get more m