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Showing posts with label Too much spending. Show all posts
Showing posts with label Too much spending. Show all posts

Monday, April 8, 2024

David Farrar: The out of control spending



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This shows very clearly how our problem is too much spending, rather than not enough tax. Labour and Greens in 2000 pledged to keep spending to below 30% of GDP. You do this by not increasing spending faster than the rate the entire economy is growing. The more economic growth you have, the more you can spend.