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To: Oldeconomybuyer

If we shut off federal and state welfare benefits to these illegals it would definitely slice a point or two off of the GDP.

That tells you the folly of the GDP calculation rather than the size of the actual productive economy.

Balance the federal budget, and watch the GDP fall 20%.

Are we really saying that deficit-funded “growth” is real?


20 posted on 05/05/2016 5:19:27 AM PDT by RFEngineer
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To: RFEngineer
"Are we really saying that deficit-funded “growth” is real?"

That growth is paid for by an increasing debt we will pay on forever ... and never pay off.

53 posted on 05/05/2016 6:09:32 AM PDT by Comment Not Approved (When bureaucrats outlaw hunting, outlaws will hunt bureaucrats.)
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To: RFEngineer
Bingo; certain aspects of government spending are part of the GDP.

The study is just playing Three-card Monte with "marks" that have no idea the "money card" vanished through sleight of hand tricks.
75 posted on 05/05/2016 8:42:13 AM PDT by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians.)
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