Top Ten Signs of Economic Trouble

  1. The size of the public sector financial activity exceeds 10 times private sector financial activity.
  2. The total income of the public sector employees exceeds 10% of the total income of private sector employees.
  3. The public sector makes laws that discourage entrepreneurial activity.
  4. The public sector creates a monetary system based on public sector needs and not on expanding the asset value of entrepreneurial creation.
  5. The government considers Economics a social activity.
  6. The government abandons the idea Economics is based on wealth creation.
  7. The government creates a society that favors and encourages participation in the public sector rather than the private sector.
  8. Prices of basic commodities are increasing at a rate higher than costs.
  9. Government is spending more money than they collect through taxes and fees.
  10. Citizens lose faith in the government to manage the economy.
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