One out of 7 people work for the state in OECD countries, and 40% of GDP is spent on government goods and services. But how do you measure governments innovation and efficiency? OECDs Jordon Holt discusses a new report, Government at a Glance.
For more information, visit http://www.oecd.org/gov/indicators/govataglance
It isn't so much that government spending that is unsustainable, it is the borrowing. Debt-based money systems employed by the central banks of all OECD nations ensure that only the principle is loaned into existence as money. Simple math models demonstrate the problem with this and I highly encourage everyone to explore the problems with debt-based money and potential solutions like permenent public money. Paper problems have paper solutions.
zthustra 2 years ago