What's the proper
size of government? Here's an article from American Enterprise Institute's The American website
citing a study by Canadian economist Livio De Matteo of the free-market Fraser
Institute. The bottom line: The optimal government size of maximizing economic
growth is 26 percent of gross domestic product.
Below that, you miss out on useful services; above that, you start to plunder
the private sector economy. The bad news: The current share in the United
States, counting state and local as well as federal spending, is 40
percent. The good news: You can ratchet back spending quite sharply, as Canada
did in the mid-1990s……To Read More......
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