The more they spend the more they must tax. As government consumption rises so must taxation. As the two rise savings fall. Falling savings lead to falling investment, falling growth and falling real wages. It is absurd to think that total government spending of nearly 42 per cent of GDP will not have a detrimental effect on growth and living standards.
Spending is the enemy and it is time that fact was stated loud and clearly.
Eliminating the budget will do nothing to bring home to the electorate the damaging consequences of excessive government spending. The real tragedy is that it takes so long for this to become evident. Some people, however, never learn.