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Saturday, April 27, 2019

Still Spending

Back in July of 2011, I blogged about government spending versus tax receipts. The article that I linked to in that post no longer exists, so I went looking for an update of the key graph. You can review the updated graph of tax receipts and spending as a percent of gross domestic product. Note that since the recession in 2008, our government constantly spends more than it receives. Is this any way to run a "business"?

posted at: 19:20 | path: /general | permanent link