jasonk282
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There is a reason why. the GDP is broken down into 3 areas CIG or GDP = private consumption + gross investment + government spending + (exports − imports).
Well I know that as a whole the economy did not get bigger by private consumption(spending) considering 10% unemployment. I also know that Gross investment(Banks) flopped big time so its not that. I also know that Government Spending was through the roof resulting in you guessed it "Big Government". So in reality the only thing that got bigger in the past 2 years was the Government
BTW: G (government spending) is the sum of government expenditures on final goods and services. It includes salaries of public servants, purchase of weapons for the military, and any investment expenditure by a government. It does not include any transfer payments, such as social security or unemployment benefits.
All those Billions that went towards the bailout packages and all the advisors that we are paying is included in the government spending, you can not include the defense Bill as it was signed yesterday after the numbers were tallied.
Funny that these numbers are released 1 week before major elections and you know its going to be scaled down after the elections but we won't hear about it.
There is a reason why. the GDP is broken down into 3 areas CIG or GDP = private consumption + gross investment + government spending + (exports − imports).
Well I know that as a whole the economy did not get bigger by private consumption(spending) considering 10% unemployment. I also know that Gross investment(Banks) flopped big time so its not that. I also know that Government Spending was through the roof resulting in you guessed it "Big Government". So in reality the only thing that got bigger in the past 2 years was the Government
BTW: G (government spending) is the sum of government expenditures on final goods and services. It includes salaries of public servants, purchase of weapons for the military, and any investment expenditure by a government. It does not include any transfer payments, such as social security or unemployment benefits.
All those Billions that went towards the bailout packages and all the advisors that we are paying is included in the government spending, you can not include the defense Bill as it was signed yesterday after the numbers were tallied.
Funny that these numbers are released 1 week before major elections and you know its going to be scaled down after the elections but we won't hear about it.
