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Government spending well over half of national income-enough?


patslatt

Well-known member
Joined
Apr 11, 2007
Messages
13,693
See bottom of page 9 for total government spending in 2011 and 2012 http://www.finance.gov.ie/documents/publications/meb2013/January2013.pdf With Gross National Income of €128 billion in 2011 according to CSO statistics,government spending is well over half the economy,around 55% to 60%-a levitating public sector! By comparison,the biggest spending countries in Northern Europe,France and Sweden,are around 55% and other northern European advanced economies are around 45%. But unlike Ireland,they provide very generous state benefits-free health care,heavily subsidised day care,plentiful social housing,excellent public transport,free third level education and generous retirement benefits. That takes a lot of pressure off family budgets. This comparison is highly unfavourable to Irish governments which for at least a generation have obviously failed to get value for taxpayers' money.

But to listen to many on the left of politics,the government is a cheapskate.Before demanding more spending,they should demand remedies for the poor record on value for money and delivery of promised services. The main remedy could be a constitutional change that would emphasise the Senate's role in long range strategic planning and holding the Dail to account for that.
 


R

Ramps

Yet according to the resident Lefties we need more govt. spending; 50% isn't enough. We just need a little bit more and everything will be grand.

They said that at 5%, 10%, 15%, 20%, 30%.....
 

SPN

Well-known member
Joined
Feb 2, 2004
Messages
16,891
Yep, and let's not forget that the Irish Government spends 140% of what it purloins in taxes.

Down from 151% last year.


Crazy shít!
 
R

Ramps

As Friedman said:

"After the Berlin Wall came down, everyone agreed that socialism was a failure. The lesson the West took? We need more government spending!!!"
 

Tea Party Patriot

Well-known member
Joined
Oct 31, 2010
Messages
11,557
It is not often that I will give a "like" to the first four posts on a thread, but in this case I couldn't disagree with any of them.
 

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