I think you'd see that in the much-vaunted global rankings of where countries stand, we would tumble even further than we have fallen now.
Every government has to wrestle with the trade-off between growth and redistribution, and I think it's fair to say that the government we have today places more emphasis on the redistribution part. Even former members of the government itself stated, once they left office, that this government is less concerned about growth than about redistribution.
I think we have that balance out of whack. Redistribution is great and it's hard to argue against it, but growth determines the total amount that you have to redistribute. The idea that you're going to calibrate growth in exactly the same way, rather than growing as much as you can and then sharing the spoils after the fact.... I think the better approach is to focus on growth. The rising tide lifts all boats, and when you have more resources to work with, you can worry about redistribution after the fact.