Re:Why Rent Is So High and Pay So Low
by dragonwriter on Friday August 07, 2015 @07:34PM
(#10025642)
> I like how the charts run to 2020 to hide the massive ramp up in the last few years.
From the data there, spending as a share of GDP peaked in FY 2009, bottomed in FY 2014, and rose slightly from that trough through FY 2016. Extending it to the projected FY 2020 levels provides a bigger ramp up than recent years, since the 2018-2020 ramp up is the fastest one since the FY 2009 peak.
The only massive ramp up in recent years was the one leading up to the 2009 peak.
From the data there, spending as a share of GDP peaked in FY 2009, bottomed in FY 2014, and rose slightly from that trough through FY 2016. Extending it to the projected FY 2020 levels provides a bigger ramp up than recent years, since the 2018-2020 ramp up is the fastest one since the FY 2009 peak.
The only massive ramp up in recent years was the one leading up to the 2009 peak.