Government Getting Smaller in the U.S.

The New York Times ^ | 05/04/2012 | Floyd Norris

[Purrcival]

FOR the first time in 40 years, the government sector of the American economy has shrunk during the first three years of a presidential administration. Spending by the federal government, adjusted for inflation, has risen at a slow rate under President Obama. But that increase has been more than offset by a fall in spending by state and local governments, which have been squeezed by weak tax receipts.

[Purrcival]

I searched for this on FR but couldn't find it. Comments, anyone? I have a real hard time believing that this is at all true.

[dfwgator]

And if you believe that, I have some swampland in Florida to sell you.

[Made In The USA]

I think there’s a related story about a bridge in Brooklyn that is for sale.

[RushIsMyTeddyBear]

Government Getting Smaller in the U.S.
_________________________________________________________

Utter

bullsh*t.

[dfwgator]

[Gaffer]

There isn't one word of truth in it. Anything the Old Grey Whore prints is suspect. This is just another in a string of articles to come about how the Emporer has clothes.

[gov_bean_ counter]

Tends to happen when a country cuts back on funding multiple overseas contingency operations.

[TribalPrincess2U]

Floyd Norris is a liar. Tell a lie often enough...

[NeoCaveman]

Denninger, among others, already blew that out of the water

http://market-ticker.org/akcs-www?post=205627

[edcoil]

“economy has shrunk” “has risen at a slow rate”

I don’t know what is worse, that they are that stupid or they think Americans are.

[Obadiah]

Another Obama campaign document printed by the NYTimes.

What a load of barnacles.

[EagleUSA]

And what did you expect from the radical NYT? The TRUTH ???

[rockinqsranch]

Fantasy, or drug induced hallucination by the author.

[bgill]

More outright lies from The Slimes. This is so obvious that my cat doesn’t even believe them.

[dfwgator]

I don’t know what is worse, that they are that stupid or they think Americans are.

November 2008 proved that Americans ARE stupid.

[E. Pluribus Unum]

Sounds like the feral government’s plan to bankrupt state governments and appropriate their power is right on schedule.

[NeoCaveman]

Two Charts Exposing America's Record Shadow Welfare State

[Sacajaweau]

We know we have MORE debt. We know we haven’t had a budget in all the time he has been in office. The statement is absurd.

[EyeGuy]

The private sector GREW FASTER under the RaceMarxist than under Bush?

My boots on the ground experience has been that the private sector is paralyzed waiting to see what crap the Communists are going to pull next.

I guess I’d have to know a LOT more about the metric they are using in their little charts to explain that whopper away.

[Perdogg]

This has already been debunked.