Now that I can agree with. Has anyone done any work on data removing the input of government stimulant from private sector GDP? Since government debt must be repayed...it does seem foolish to include it into GDP...its kinda like including my home equity loan into my annual earnings.
That would be a very good study and a good campaign theme for a Cain or Palin type figure (someone with guts enough to use it is what I am actually saying).
I have not found a very clear source for direct comparison of the 30’s to now. If it exists some FReeper will know of it.