Quote:
Originally Posted by Sephiroth
What % GDP increase would arise from "removing friction"?
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5%. Everything is a trade-off but the public are told by politicians and populist media that you can have your cake and eat it.
Not sure what other options we have. We can't be a low tax Singapore on Thames as we have a generous health and welfare state and we're not large enough to be as protectionist as China or India.