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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (99890)2/14/2011 11:07:04 AM
From: locogringo2 Recommendations  Read Replies (1) | Respond to of 224755
 
Government spending (as a % of GDP) is at the lowest rate since 1950.

My spending, (as a % of income) is at the lowest rate since 1950.

So, exactly what does that mean? Am I spending less?



To: Kenneth E. Phillipps who wrote (99890)2/14/2011 2:58:37 PM
From: tonto1 Recommendation  Respond to of 224755
 
Irrelevant.



To: Kenneth E. Phillipps who wrote (99890)2/14/2011 5:35:10 PM
From: tonto4 Recommendations  Read Replies (1) | Respond to of 224755
 
Huh?
usgovernmentspending.com

Government spending (as a % of GDP) is at the lowest rate since 1950.



To: Kenneth E. Phillipps who wrote (99890)2/15/2011 7:44:14 AM
From: JakeStraw1 Recommendation  Respond to of 224755
 
Deficit is biggest as share of economy since 1945
finance.yahoo.com

The budget plan President Barack Obama sent Congress on Monday foresees a record deficit of $1.65 trillion this year. That would be just under 11 percent of the $14 trillion economy -- the largest proportion since 1945, when wartime spending swelled the deficit to 21.5 percent of U.S. gross domestic product.


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