Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Jim 0216; Tax-chick; Homer_J_Simpson; colorado tanker
"During this period, the feds were small, in the deep background of daily life, and hovered around 5% or so of the GDP."

Amazingly, Federal spending was even less than 5% of GDP.

  1. 2% in 1792 under President Washington through Jefferson
  2. 4% peak for War of 1812 under Madison
  3. 2% from Monroe through Buchanan
  4. 13% at peak of Civil War
  5. 2% again by 1880s under Garfield/Arthur until
  6. 4% for Spanish American War 1899
  7. 2% again by 1903 until
  8. 24% at peak of First World War

After WWI Federal spending remained around 4% until the Great Depression and New Deal, reaching nearly 50% in the Second World War, after which it never again returned to the old "normal".

Since WWII Federal spending has run over 20% of GDP.
In the 1950s over half was for national defense, today defense is barely 1/7 of the federal budget.
Statistics suggest the government overhead burden has been a serious drag on economic growth.

88 posted on 04/21/2017 12:35:02 PM PDT by BroJoeK (a little historical perspective...)
[ Post Reply | Private Reply | To 87 | View Replies ]


To: BroJoeK; Tax-chick; Homer_J_Simpson; colorado tanker

Great stats. Thanks.

Freedom defined as the absence of government coercion, a free America has always been a great America.


89 posted on 04/21/2017 1:31:21 PM PDT by Jim W N
[ Post Reply | Private Reply | To 88 | View Replies ]

To: BroJoeK; Jim 0216; Tax-chick; Homer_J_Simpson; colorado tanker; Anoreth

It’s a really big country, especially when you get across the Mississippi, as Anoreth discovered when she drove from Seattle to Charlotte and back again.


91 posted on 04/21/2017 2:02:09 PM PDT by Tax-chick (Quien vive? CRISTO! Y a su Nombre? GLORIA! Y a su pueblo? VICTORIA!)
[ Post Reply | Private Reply | To 88 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


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