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To: MegaSilver
Keep in mind, government expenditures are included in GDP figures. So the economy might suck, all things being equal, but if the government spends a bunch of cash...

...(which causes it's own growth, but not as efficiently because choices are made politically vs. economically)...

...it will manifest itself in a larger GDP.

Clear as mud?

20 posted on 03/03/2004 2:08:31 PM PST by Check_Your_Premises (To crush your enemies, and see them driven before you, and hear the lamentations of the left)
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To: Check_Your_Premises
Keep in mind, government expenditures are included in GDP figures. So the economy might suck, all things being equal, but if the government spends a bunch of cash...

But shouldn't the resulting dead weight loss offset any growth in GDP due to larger government expenditures?

32 posted on 03/03/2004 2:39:24 PM PST by MegaSilver
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