Chapter 4

Chapter 4 told the flip side of the governments role in our lives. Economics tell us that we all act in our own self interests, and so we need a source of public goods. I would like to address something that the author pointed out in the latter part of the chapter. He addresses tax cuts as a way to increase the revenue of everyone. Wheelan says that this gives false impression, and it is true. With tax cuts means more revenue sure, but then we have less tax money to pay for new stop signs (public goods). The less we pay our government the more economic growth but then we don't have the resources to fight wars. There would negative effects on education to. We wouldn't be able to pay for public education and then we lose the investment that is education. Taxes are necessary but not fun, much like eating vegetables.