Belmont Club

By Richard Fernandez

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More vs less, guns vs butter

November 6, 2008 - 4:51 pm - by Richard Fernandez
Joe
2008-11-06 17:18:22

Federal spending in the first chart would be more interesting, compared to GDP. And in the second chart, to be meaningful it should be per person, federal expenditures.

Not that I doubt that the results are heading in a bad direction. Just not as bad as the chart might suggest now.