08-21-2016, 02:21 PM
Quote:In the century and a half since then, government expenditures as a share of GDP have risen sharply in these countries. Yet they didn’t experience a slowdown in their longrun economic growth rates. The fact that economic growth has been so stable over this lengthy period, despite huge increases in the size of government, suggests that government size probably has had little or no impact on growth.What’s slowing growth? Sorry, conservatives: It’s not the size of governments - The Washington Post

