4 ms·
That seems impractical and unsustainable.
by hmmm-i-wonder 2y ago
That seems impractical and unsustainable.
- dragonwriter 2y agoBased on what? Even adding in state spending, the US government spending share of GDP isn't high by world standards.
- hmmm-i-wonder 2y agoGovt spending as a share of GDP is probably a good measure of how involved the government is in the economy. There are arguments that too much government involvement leads to stagnation, which considering many of the economies the US regularly out-grows have higher share of govt spending as a % of GDP has some merit. Its an interesting economic question what level that would be which changes depending on how you approach the problem.