This text refers to items from 9 through 20.Government: stay out of the Economy1 ____ The current expansion of government interventionis going to undermine economic growth. Pro or con? Overthe past nine months, government intervention in the4 economy has spread like a wildfire. From federally mandatedexecutive compensation rules for companies and job rolesthat had nothing to do with the financial meltdown, to the7 ouster of General Motors (GM) CEO Rick Wagoner at thebehest of the White House, to forcing banks to take and keepTroubled Asset Relief Program money, Washington’s10 tentacles are reaching into the minutiae of private businessdealings like never before. Setting aside the long-termphilosophical questions this raises about the role of13 government in society, one short-term question is whether ornot it will aid recovery. I do not believe it will.A 1998 Congressional Joint Economic Committee16 study concluded the optimal size of government to maximizeeconomic growth was about 18% of gross domestic product(GDP). Even before today’s unprecedented debt and19 spending, all levels of government in the U.S. controlled37% of GDP. Recent federal spending will drive upgovernment’s share to more than 40%. A single federal22 health-care plan would gobble up another 16%, putting morethan 50% of the economy in government’s hands.Economists increasingly understand the Great25 Depression was prolonged by government intervention intrade, private industry, and banking. We have evidence fromother countries, too. As Ireland’s tax burden and share of28 GDP fell, the Celtic Tiger roared. Recent National Bureau ofEconomic Research findings show that Jamaica’s pursuit of“social justice” policies has retarded its growth compared31 with its less interventionist sister island, Barbados. From1960 to 2002, Barbados’ per capita GDP doubled, butJamaica’s grew only 50%.34 ___ Government has an important and legitimate role toplay in a growing economy. It should enforce contracts,create a level playing field for all businesses, and steadfastly37 promote the rule of law. U.S. entrepreneurs can take it fromthere.Internet: <www.businessweek.com> (adapted).Judge the following items according to the text. In the author's view, government intervention will aid in economy recovery.