Friday, July 1, 2011

More Than Half of Real GDP Through 2010 Came from Government Spending

From deficit spending, that is, measured in the hundreds of billions per year under George Bush, and now in the trillions in just two and a half years under Barack Obama.

It ain't worth it! And the country needs a growth strategy.

Seen here at The Department of Numbers:

The Great Stagnation


"[M]ore than half of our economic growth in the past ten years has come from government spending."