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To: blam

These days about 40.75% of GDP is government spending. So if government spending increases by 5%, that means GDP increases by better than 2%. But you’re no better off, unless you can find a way to pay your mortgage with your share of the benefit from a bridge to nowhere.


4 posted on 04/29/2012 3:13:09 PM PDT by Brilliant
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To: Brilliant
"These days about 40.75% of GDP is government spending. So if government spending increases by 5%, that means GDP increases by better than 2%."

Yup.

When the Republicans win the WH and both houses of congress and begin spending cuts, that's when TSHTF, eh?

They'll be dumped in two years and replaced with Democrats who (increase spending) will send us into an inflationary spiral and possibly hyperinflation, eh?

No Way Back

7 posted on 04/29/2012 3:36:26 PM PDT by blam
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