I suspect OTE’ers will like this one, over at WaPo. The book I cite, by Bakija et al, is also worth a close look.
I get that we’re not exactly living in Factville these days, but I won’t let that stop me!
Source: How big should our gov’t be: Bakija et al.
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You’ll be happy to know your government vs growth piece made it to the Yahoo news page. One of the places I go to see what the typical news consumer is seeing.
Good piece, as usual.
This is how Clinton should be selling her plans to the R’s as pro growth along with more middle class means more customers. And I would also argue that more government programs to reduce poverty, etc, also means more stability, which I would expect would be a main concern for the wealthy. Austerity is what has contributed to Brexit and the rise of Trump, both of which are hardly stabilizing factors.
How much can we tell from a trend across 50 years? Wouldn’t it be more informative to see the ups and downs associated with changes in the velocity of government growth across the decades? I would be hesitant to draw too many conclusions from a chart like this.