How much expansion comes from the real economy when government expenditures are taken out of the equation? Government expenditures as a measure of economic activity are a false indicator. Consumer activity is also misleading as higher numbers there go along with lower savings rate which rate is the basis of future real expansion, rather than a liability as it is now portrayed.
Government expenditures as a measure of economic activity are a false indicator...Yes that’s them spending our tax money. What kind of silly ass indicator is that? Oh what I see...just raise taxes and we have more economic activity...WHAT CRAP!