What you say makes sense. I found some data on France here that might help shed some light on the expenses.

![](https://m.stacker.news/81681)
*https://www.banque-france.fr/en/governors-interventions/gouvernance-des-depenses-et-services-publics-y-t-il-encore-un-espoir*

0xbitcoiner

I'd wager the spread between the US and Europe maps pretty closely to the spread in GDP per capita between the two.

It matters a little what the government spends on, but in general government spending has approximately zero value. It should be thought of as a deadweight loss to the broader economy, as a first approximation.

econ

The Rise Of Euro Socialism

GhostofTruth

I'd wager the spread between the US and Europe maps pretty closely to the spread in GDP per capita between the two.

It matters a little what the government spends on, but in general government spending has approximately zero value. It should be thought of as a deadweight loss to the broader economy, as a first approximation.