Sorry Tiny if I don't fully understand what you are showing.
In the Democratic Socialist countries people pay more in taxes while they are working and get more back from the government both while working and after working than people in the U.S. who keep more of their money but get less back from the government.
Do you agree or disagree with that basic statement?
Originally Posted by SpeedRacerXXX
Sorry SpeedRacer, It's probably not clear. Gross Domestic Product (GDP) is the value of all products and services produced in a country during a year. Take that number and divide by the population, to get an average per person. Then you adjust for variations in purchasing power. For example, things are cheap in Portugal. One U.S. dollar in Portugal will buy you more than you'd get for a dollar in the USA, so you adjust the Portuguese "GDP per capita" upwards to take into account that. Here's a table of per Capita GDP adjusted for purchasing power by country:
https://en.wikipedia.org/wiki/List_o...PP)_per_capita
I could have used something like median household income adjusted for purchasing power instead, but I wouldn't be able to find numbers for all the countries, and also that gives the edge to countries with large households, where you have more wage and salary earners under one roof.
The second number is the total government expenditures divided by GDP. For example, if U.S. federal, state and local governments spend $8 trillion a year and GDP is $20 trillion a year, then this number would be 8/20, or 40%.
What you see in the table, the countries with the highest GDP/capita have the lowest government spending as a % of GDP.
This makes sense, because in the long term it's growth in the private sector that increases GDP and makes a country more prosperous. When government accounts for a larger percentage of the economy, there's less left over for individuals and companies to save and invest and grow the economy.
As to your statement, I'm not sure it's necessarily true. Let's take an example. From my table, GDP per capita adjusted for purchasing power is $63,051 in the USA. Government spending is 35% of that amount or $22,068 per person. Compare to the UK, the top country on your list. Do the same calculation and you'll see government spending per person in the UK is $17,405 per person. How can this be? Because we produce more goods and services per person than the UK. Why? I'd argue in part because government is a smaller % of our economy, so our economy is larger than it would be otherwise.
Now if you repeated this calculation for, say, France, the number would be higher, $25,272 in government spending per person, compared to $22,068 here. But is it worth it? The French government spends $3204 more per person than we do. But GDP per capita is $17,597 less. That's not worth it in my opinion. I'd rather have an extra $17,597 in goods and services, rather than have the government spend $3204 more on me. Actually a good bit less than $3204, because they'll squander part on useless shit.