Size of Economic Footprint
The scale to which government should exist and operate in the world is a matter of debate. Government spending in developed countries varies considerably but generally makes up between about 30% and 70% of their GDP. One major exception is the United States, where central government spending takes up less than 20% of GDP, although the combined spending of all administrations reach 36%.
Read more about this topic: Government Operations
Famous quotes containing the words size of, size, economic and/or footprint:
“Great causes are never tried on their merits; but the cause is reduced to particulars to suit the size of the partizans, and the contention is ever hottest on minor matters.”
—Ralph Waldo Emerson (1803–1882)
“The obese is ... in a total delirium. For he is not only large, of a size opposed to normal morphology: he is larger than large. He no longer makes sense in some distinctive opposition, but in his excess, his redundancy.”
—Jean Baudrillard (b. 1929)
“... business training in early life should not be regarded solely as insurance against destitution in the case of an emergency. For from business experience women can gain, too, knowledge of the world and of human beings, which should be of immeasurable value to their marriage careers. Self-discipline, co-operation, adaptability, efficiency, economic management,—if she learns these in her business life she is liable for many less heartbreaks and disappointments in her married life.”
—Hortense Odlum (1892–?)
“Tom: Well, tell me, Gusto, you’re so smart. How could I erase a footprint that looks as if it was left by a heel?
Augusta: Well, that sounds almost human.”
—Billy Wilder (b. 1906)