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To: CGTRWK
A more realistic way to look at government spending is as a percent of GDP, and there things are not quite so depressing.

Why is that more realistic than looking at real numbers? False premise in your argument. If 9/11 had had an even more destructive effect on 2001's GDP, than it did, government discretionary spending would have churned right along at the same levels despite the distorted ratio.

29 posted on 12/07/2003 2:41:30 PM PST by witnesstothefall
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To: witnesstothefall
Why is that more realistic than looking at real numbers? False premise in your argument. If 9/11 had had an even more destructive effect on 2001's GDP, than it did, government discretionary spending would have churned right along at the same levels despite the distorted ratio.

Brief economic blips in the GDP like the 9/11 dip or the 98-99 bubble distort the picture, yes. But relating spending with the GDP over the longer term, the blips disappear and you get a more accurate picture of how much of the economy is in the feds' hands.

46 posted on 12/07/2003 3:33:36 PM PST by CGTRWK
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