Big government in question

Resumo

The debate over the size of the government and how it interferes in the economy is back. Consuming about 40% of GDP, the government is far larger than those of our competitors. It grew to pay for the major expansion of public spending on salaries, transfers of income and pensions, and the cost of its administrative machinery. In contrast, public spending on physical infrastructure fell, pulling down the overall rate of investment. Reporting by Liliana Lavoratti.