Canadian author William Gairdner, co-founder of the Civitas think tank, estimates that in the current welfare state only one third of the population constitutes the producing sector; another one third is affiliated with government, either clerically or contractually, and the remaining third consists of government dependents. Thus two thirds of the modern “social democratic” state is dependent for its maintenance on a dwindling minority of economic generators.
Wednesday, October 30, 2013
Vampire Economics
Canadian author William Gairdner, co-founder of the Civitas think tank, estimates that in the current welfare state only one third of the population constitutes the producing sector; another one third is affiliated with government, either clerically or contractually, and the remaining third consists of government dependents. Thus two thirds of the modern “social democratic” state is dependent for its maintenance on a dwindling minority of economic generators.
