Blog topics include politics, economics, housing, and the stock market.
Friday, March 6, 2009
U.S. government spending as a percentage of GDP
This graph depicts state & local government spending (blue) and federal government spending (red), as a percentage of GDP, for the United States since 1890:
This graph is a refreshing perspective. There is so much anti-federal government rhetoric but looks like people are for the most part looking in the wrong place. State & Local seem to be where government has grown. It would be interesting to see a further breakdown between "state" & "local"
This graph is a refreshing perspective. There is so much anti-federal government rhetoric but looks like people are for the most part looking in the wrong place. State & Local seem to be where government has grown. It would be interesting to see a further breakdown between "state" & "local"
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