Terry - Somerset
Established Member
For 20 years between 1988 and 2008 government spending was 35-40% of GDP. Cynically one could conclude spending more has had the effect of making things worse, not better.Higher taxation gets invested by the state into public services and also into innovation, education, research & development, support for businesses too. It's the biggest single driver of the economy.
About 46% of our GDP is in the public sector.
There are some longer term large projects which need public investment. Equally the private sector is able to take risks, innovate, respond rapidly to changing conditions in a way which the public sector are incapable. A vibrant economy needs both.
That government spends taxes raised well is palpable nonsense - but they do spend it! It often places politics above common sense in a way the private sector does not.
I am not defending the wealthy, nor am I one of them. I am, like ~50% of the voting public, keen to protect my right to choose how I use my "wealth" and "income". Save for those things which are clearly better as a public good, I do not want to not rely upon the government to spend it for me.I see you are one of the defenders of the wealthy! I hope they are grateful.
Dangerous ground - if you don't like the answer call it a conspiracy.There's more of them about than you think, you shouldn't believe what they are telling you!
I am certainly not bewildered. I at least accept that others may have different views and do not regard as bewildered all those who disagree. Confused maybe .....You seem a bit bewildered?
As a democracy we all have a right to a view, exercise it with our vote, and need to accept the outcome.