www.economist.com/briefing/201... Back in 2010 the Economist was the case for tax cuts: "A paper by António Afonso of the European Central Bank and Davide Furceri of the OECD found that increases in government spending as a proportion of GDP tended to be correlated with slower economic growth."
economist.com
Sharing the pain
Increasing budget deficits and rising government debts are likely to entail fierce political battles—not least between taxpayers and public-sector workers