Quote Originally Posted by Furunculus View Post
taxation at a level greater than 40% of GDP causes long term damage to economic growth.

taxation at a level greater than 50% is immoral in addition to stupid.

the optimum level of taxation that achieves a balance essential provision and economic growth is somewhere between 25% and 40%.

government spending should attempt to provide the best return-on-investment for its public spending without damaging economic growth.

included within this is the Defence spending.

the ability of western-european social-democracies to continue to hire gender-awareness officers in the next fifty years is DIRECTLY dependent on what we do to promote growth NOW.

failure to understand any of the above should be seen as worry indicator of mental incapacity.

making hyperbolic comparisons should be seen as an indicator that you don't like the fact you don't have any good arguments against the facts above.
Tell it to the Nordics, who's public spending is above 50%. To me, the world's greatests societies, but you go right ahead and inform Norway, Sweden and Denmark they are 'both stupid and immoral'.

So stupid and immoral, in fact, that they even manage to run budget surplusses. *


Speaking of stupid, in Britain, with its infallible parliamentary system that you fully trust to make the right decisions all of the time, public spending since 1945 has always hovered between the high 30s to high 40s. Even under Thatcher it did not go below forty percent.



* Hence naturally, the Heritage Foundation, champions of family values, fiscal prudence and economic freedom, who make that miserable index of economic 'freedom', put Sweden and Norway down below between Oman, Macau and several Latin American cocaine republics. That's what the Nordics get for not being so 'fiscally prudent' as to hand over all of their and their grandchildren's money to mega corporations and the ultra-rich.