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:
“For truly I tell you, if you have faith the size of a mustard seed, you will say to this mountain, ‘Move from here to there,’ and it will move; and nothing will be impossible for you.”
—Bible: New Testament, Matthew 17:20.
“There are some persons we could not cut down to size without diminishing ourselves as well.”
—Jean Rostand (1894–1977)
“Weapons are an important factor in war, but not the decisive factor; it is people, not things, that are decisive. The contest of strength is not only a contest of military and economic power, but also a contest of human power and morale. Military and economic power is necessarily wielded by people.”
—Mao Zedong (1893–1976)
“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)