United States Austerity: Government now spending less nominally than Bush

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The data speaks for itself...

images

This chart is fake, made up bullshit.
 

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Um, when the spending records of Presidents are examined, it is as a % of GDP. For example:

Until Barack Obama took office in 2009, the United States had never spent more than 23.5% of GDP, with the exception of the World War II years of 1942-1946. Here’s the Obama spending record:
– 25.2% of GDP in 2009
– 24.1% of GDP in 2010
– 24.1% of GDP in 2011

You quite literally do not know what all of this means.

I suggested you shut up 30 minutes ago, yet you keep doubling down on stupid.

You keep using % of GDP as if that means anything, lol. Basic math shows that should be the case. How dumb are you?
 

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Obama is the biggest spender in world history - fact.

And Keynesian losers like fratfraud and Krugman are whining that it is not enough!
 

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Obama is the biggest spender in world history - fact.

And Keynesian losers like fratfraud and Krugman are whining that it is not enough!

Every President in the past 8 decades has been the biggest spending President in world history in their time in office. No really an issue if you understand economics. But you don't, so I understand your confusion.
 

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You keep using % to GDP as if that means anything, lol. I'm talking about spending.

Right!

OMB just decided to create those charts because they are meaningless and I guess they had nothing better to do

Or something.
 

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Right!

OMB just decided to create those charts because they are meaningless and I guess they had nothing better to do

Or something.

They are meaningless. But dumb people like you who don't even understand their meaning can use them to convince other dumb people that the government is bad. It's how uneducated conservatives work.
 

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Federal-outlays-as-a-percentage-of-GDP.jpg


No room for economic growth, thanks to Keynesian socialists who believe printing money and Big Government create wealth and prosperity.
 

Conservatives, Patriots & Huskies return to glory
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aren't we talking about economic growth? doesn't fratfraud think economic growth is a good thing?

here's a clue, if spending as a % of GDP is high, that probably means your economy sucks, what you're doing is not working, you failed, the epitome of economic perfection failed

the analogy I'll lose is this, vettard is about to take a vacation because he lost, and losing is not a good thing

once again, some economic and monetary experts are so naive they can't even comprehend the fact that there are scores of economic variables that come into play. Real world experience teaches you that, evidently really smart English Professors don't

yet another classic example of life >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>really smart English Professors teaching economics
 

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aren't we talking about economic growth? doesn't fratfraud think economic growth is a good thing?

here's a clue, if spending as a % of GDP is high, that probably means your economy sucks, what you're doing is not working, you failed, the epitome of economic perfection failed

the analogy I'll lose is this, vettard is about to take a vacation because he lost, and losing is not a good thing

once again, some economic and monetary experts are so naive they can't even comprehend the fact that there are scores of economic variables that come into play. Real world experience teaches you that, evidently really smart English Professors don't

yet another classic example of life >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>really smart English Professors teaching economics

Yes, a recession happens, GDP decreases, spending to GDP increases. It's really basic math. I get why you guys care about it because you can use it to push your failed ideology. But it is a really meaningless ratio. Of course spending to GDP is going to increase during bad economic times. That's just basic math.
 

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It's hilarious how they keep using spending as a % of GDP, conservatives are so easily brainwashed. Really uneducated though.
 

Rx Normal
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aren't we talking about economic growth? doesn't fratfraud think economic growth is a good thing?

here's a clue, if spending as a % of GDP is high, that probably means your economy sucks, what you're doing is not working, you failed, the epitome of economic perfection failed

the analogy I'll lose is this, vettard is about to take a vacation because he lost, and losing is not a good thing

once again, some economic and monetary experts are so naive they can't even comprehend the fact that there are scores of economic variables that come into play. Real world experience teaches you that, evidently really smart English Professors don't

yet another classic example of life >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>really smart English Professors teaching economics

ibd.jpg


All that spending on government education and what do we have to show for it?

Fratfraud - and millions of mathematically-challenged, historically-illiterate Obots just like him.

Pathetic!
 
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Yes, a recession happens, GDP decreases, spending to GDP increases. It's really basic math. I get why you guys care about it because you can use it to push your failed ideology. But it is a really meaningless ratio. Of course spending to GDP is going to increase during bad economic times. That's just basic math.
In simple numbers for them....

GDP is 100 and spending is 25....spending is 25% of GDP

GDP is 130 and spending is 30...spending is 23% of GDP

lower percent but still more spending.

Basic math
 

Rx Normal
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7 Obamanomics Charts That Legacy Media Won't Show You

Earlier today, James Pethokoukis, the nation's premier economic reporter, published "The economic case against Obamanomics in 13 charts."

The seven most shocking, in my opinion, are the following:

...The actual share of the the population with a job has collapsed and remains low.



... The size of the U.S. labor force has also collapsed, partly due to discouraged Americans giving up looking for a job...



...Those without a job have been without a job for a long, long, long time...



This recovery has lagged others in terms of economic output or GDP growth (via the Minneapolis Fed)...



The result of the weak recovery is a huge gap between where the economy should be, in terms of growth, and where it is...



The slow, anemic recovery has contributed to keeping the housing market in a depressed state...



The White House itself admits that its new budget plan would keep the national debt on a dangerous and unsustainable trajectory (source: The White House)...

The next time I get a "Stimulus Package", I want the Democrats to buy me flowers first.
 

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