CHART FOR THE PREVIOUS DECADE. SPENDING HAS GONE EVEN HIGHER FOR THE SECOND DECADE OF THIS CENTURY
Business executives know that cost cutting can actually make you produce more. Extra people in a company hurt productivity. Government always argues that more money spent on government gives you more benefits for citizens. But it normally just benefits the government employee’s union.
American industry is the most productive in the world because of the layoffs every decade. Unnecessary employees and under performing employees are forced to move to jobs the economy needs and stops rich companies from hording employees and forces companies to innovate and cut out unproductive processes.