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Organization for Economic Co-operation and Development Smaller Government, Greater Prosperity

Size does matter


As Barack Obama ramps up the biggest increase in government spending in American history, Americans may be well advised to acquaint themselves with data created by the Organization for Economic Co-operation and Development (OECD), which show that countries with smaller, less intrusive governments enjoy greater overall prosperity than those with larger and more interventionist governments. The measuring stick the OECD used in determining which governments were bigger was what portion of a nation’s Gross Domestic Product (GDP) was utilized by that nation’s government at all levels.
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