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Do you have any evidence that increased government spending harms economic growth? It depends on the spending....the obvious counter-example are roads, which h
by ktRolster 10y ago
Do you have any evidence that increased government spending harms economic growth?
It depends on the spending....the obvious counter-example are roads, which had a huge positive effect on growth when they were built. Alternately, spending on bombs for war have a negative effect....they blow up in the desert and don't help anyone except the people who built it (so you might as well have left those dollars with the taxpayers).
A similar argument is "more/less regulation." It really depends on the details of the regulation.