Our Government Is Now So Huge That It's Choking The Private Sector

Bigger government leads to slower growth, this chartfor France suggests.

It shows the ratio of the private sector to the public sector and relates it to growth. The correlation is high.

That is not to say that the best environment for growth is a zero government. There is clearly a role for government, but government does cost and that takes money from the productive private sector.

Our Government Is Now So Huge That It's Choking The Private Sector