Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: blam
If you were to remove just the $1.4T deficit FedGov™ annual spending, GDP would be at negative 6%. $1.4T is about 10% GDP.
5 posted on 10/29/2011 5:48:55 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: central_va

Exactly. The GDP number is a consumption number, and it’s only on the plus side thanks to borrowing money.


7 posted on 10/29/2011 6:15:21 AM PDT by CommieCutter
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson