United States Austerity: Government now spending less nominally than Bush

[akphidelt]

Federal spending as a percent of GDP declined from a high of 23.5% of GDP in 1983 to 21.3% in 1988 and 21.2% in 1989

Guess how many jobs were gained during that decline?

Guess how much was spent during that time. Thanks for proving my point, lol.

 

[festeringZit]

Hey FratFraud,

Fact: You look like a complete fool, and I'm laughing my ass off.

I nominate this as the best thread of 2014 so far.

BWHAHAHAHAAHAHAHAHAHAHAH

 

[Acebb]

Maybe because GDP increased. Do you understand basic math?

Laugh
Out
Loud
Funny

Again, you do not understand what "percent of GDP" means.

Why are you commenting? This is some of the dumbest shit I've ever read.

 

[festeringZit]

These people have reached the point where they will say anything to keep bitterly clinging to their discredited economic theory.

Bingo.

 

[SheriffJoe]

These people have reached the point where they will say anything to keep bitterly clinging to their discredited economic theory.

Keynesian economics was discredited decades ago but 'progressives' cling to it for dear life because it justifies their Big Government ideology.

It's political bullshit, pure and simple. Nothing to do with economics.

Love the state and want to grow the state? Keynes is your man and Obamanonics is the engine to get you there!

 

[Acebb]

Guess how much was spent during that time. Thanks for proving my point, lol.

We are spending more today in real and relative dollars

Thanks for discrediting your own economic theory.

 

[akphidelt]

Laugh
Out
Loud
Funny

Again, you do not understand what "percent of GDP" means.

Why are you commenting? This is some of the dumbest shit I've ever read.

I do... it's obvious you are having a difficult time with it, lol

 

[akphidelt]

We are spending more today in real and relative dollars

Thanks for discrediting your own economic theory.

We also are producing more today in real and relative dollars. Thanks for discrediting your own economic theory.

 

[Acebb]

Between Q3 1983 and 1989, there was real reduction in government spending relative to the size of the economy.

This guy can't grasp all of this.

Hilarious.

 

[akphidelt]

This is all you guys need to know. If Obama was allowed to be like big government Reagan maybe the economy would be better off. Austerity never works!

 

[Acebb]

I do... it's obvious you are having a difficult time with it, lol

Um, no I'm not.

You don't understand what "percent of GDP" means, how it is calculated, or why it is used.

Instead of posting this dumb, embarrassing bullshit, you should probably go read about it.

 

[akphidelt]

Between Q3 1983 and 1989, there was real reduction in government spending relative to the size of the economy.

This guy can't grasp all of this.

Hilarious.

But there was a huge nominal increase in government spending. Lots of government jobs, big government Reagan was a Keynesian on fire! Too bad Obama can't do the same.

 

[akphidelt]

Um, no I'm not.

You don't understand what "percent of GDP" means, how it is calculated, or why it is used.

Instead of posting this dumb, embarrassing bullshit, you should probably go read about it.

It's actually very simple. The fact you can't understand it, is hilarious.

 

[SheriffJoe]

We also are producing more today in real and relative dollars. Thanks for discrediting your own economic theory.

Borrowing money (productivity from future generations) isn't "producing" anything except massive, burgeoning debt.

You are an absolute disgrace!

 

[Acebb]

If Obama was allowed to be like big government Reagan

azzkick(&^

Again, Obama is spending more in real $ and % of the economy than Reagan.

Where do you get this dumb bullshit from?

 

[Acebb]

It's actually very simple. The fact you can't understand it, is hilarious.

Keep repeating that, and your dumb "what if GDP declines" question.

It is comedy gold.

 

[akphidelt]

If Obama was allowed to be like big government Reagan

azzkick(&^

Again, Obama is spending more in real $ and % of the economy than Reagan.

Where do you get this dumb bullshit from?

Maybe, if Obama were allowed to increase the size of Government like Reagan, the size of the economy would grow. What a shocking revelation big government Reagan had, lol.

 

[akphidelt]

Keep repeating that, and your dumb "what if GDP declines" question.

It is comedy gold.

I just find it funny that you keep using spending as % of GDP without even understanding how dumb it makes you look.

 

[akphidelt]

Borrowing money (productivity from future generations) isn't "producing" anything except massive, burgeoning debt.

You are an absolute disgrace!

The data is really not on your side. But you are dumb, so it makes sense that you wouldn't understand.

 

[Acebb]

The data is really not on your side

=======================

Where are the jobs?