Government Inefficiency Amidst Expansion

Many rich world governments have expanded significantly, now accounting for about 40% of GDP, yet they have become increasingly less efficient. This paradox highlights that increased spending on social welfare and safety nets has not translated into improved public services or effective bureaucracies. For instance, despite promises of a robust infrastructure overhaul in the U.S., infrastructure spending has actually decreased since 2021. Similarly, the UK's National Health Service, while receiving more funding annually, has shown signs of decline, indicating a systemic inefficiency that raises questions about government resource allocation.