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by mothballed 18 hours ago
I wouldn't want a lot of the landscape 100 years ago, but I'd happily be disenfranchised if I could get the size of government 100+ years ago (federal government <~2% of GDP in non-wartime)
2 comments

You might change your mind if you study the economy of the US in the late 1800's. Those boom and bust cycles were intense, making the great depression of the 1930's look unexceptional.

If you want to get rich, you need an healthy, educated, rich and secure customer and employee base. You don't get that with <~2% of GDP spent on health, education, roads, police, courts et cetera.

That landscape you wouldn’t want is in part a product of the small government you covet.