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To: Moonman62
So spending and tax revenues are outpacing economic growth at least two to one

Economic growth numbers are inflation adjusted while spending/tax numbers are not. So add 3% or so to the economic growth number to provide a more accurate comparison.

67 posted on 10/11/2006 9:43:06 AM PDT by Numbers Guy
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To: Numbers Guy

Wouldn't it be a good thing if spending grew at the rate of GDP growth or less?


91 posted on 10/11/2006 7:46:29 PM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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