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> ... government is spending _even less_ into the economy. Where do they get that money to spend? Money spent by individuals and companies is usually better
by emmelaich 8y ago
> ... government is spending _even less_ into the economy.
Where do they get that money to spend?
Money spent by individuals and companies is usually better spent than that by the government. (given a law-abiding high trust society)
Money that passes through government is not magically imbued with some extra quality. More the opposite. Remember that story about it being cheaper to hire a taxi than go by train for two or passengers in Greece? That the Greek train system had more employees than passengers and lost a billion per year?
https://www.bbc.com/news/world-europe-16834815 https://www.bbc.com/news/world-europe-16834815
Of course I don't want to go overboard here; money spent wisely by the government on the public good can be more effectively (productively) than the individual or company.