by Kate Piercy The Mercatus Institute’s Veronique de Rugy used “data from the Bureau of Economic Analysis to compare recent changes in government expenditures to those in private domestic investment.” What did she find? Government consumption and investment have generally grown more quickly than private expenditures and investment during the last decade. In the last...

by Kate Piercy

The Mercatus Institute’s Veronique de Rugy used “data from the Bureau of Economic Analysis to compare recent changes in government expenditures to those in private domestic investment.”

What did she find?

Government consumption and investment have generally grown more quickly than private expenditures and investment during the last decade. In the last ten years, the private sector has, on average, grown 1.2 percent annually, while the government has, on average, grown 3.5 percent annually.

The chart below shows her findings, and click here for more on this topic from Veronique de Rugy: