AuSable River wrote:Do you refute the fact that government spending as a percentage of GDP expanded from 1970 until the economic crisis in the 1990's?
Do you refute the fact that govt, spending as % of GDP decreased after the collapse ?
In the words of our friend Sibirsky:
more importantly, due to the infinite number of independent variables influencing economic outcomes within society --- it is more effective to engage in a logical refutation of your statistical anecdotal, circumstantial, minutia.
Anecdotal and circumstantial minutiae? I presented you half a decade's worth of quantitative data illustrating that the contraction tapered off and then stopped, stopping at a point well above the spending of most other countries. And that's under the direction of a center-right government with a finance minister who is openly hostile to social protection spending!
Hence, do you seriously think that politicians allocating scarce resources will insure more economic growth than private sector participants ??
Seems to be that way in Norway, as I've shown in the data.