The Truth About Global Government Spending


by Cato Institute on Aug 29, 2014 | Views: 162 | Score: 1
Sources: cato.org
Share:
Facebook Twitter Reddit Linked In Google Plus Pinterest Tumblr Email
URL:
Embed in your web page: (Preview)
Link:

Download image:

VOTE:
VOICE:
Please sign up or log in to comment
Cato Institute
Cato Institute on Aug 28, 2014 11:05 AM said:

Following the 2008 financial crisis, many pundits claimed that a major cause of the persistent worldwide economic recession was the lack of government spending. This argument, though, falls flat. Government spending and debt as a percent of GDP have skyrocketed in the United States, Europe and Japan, yet very few countries have experienced any surge in economic growth.