Re:The American Economy Is in a Funk, But Not for the Reason...
by fweespee_ch on Sunday March 20, 2016 @11:27PM
(#11326030)
In perspective its really not that odd.
https://research.stlouisfed.org/fred2/series/FYONGDA188S
1) 2015 is 20.55%. 1980 is 20.64%.
2) Recessions increase spikes as a share of GDP, really bad recessions have bigger spikes.
Re:The American Economy Is in a Funk, But Not for the Reason...
by WalterBright on Monday March 21, 2016 @12:06AM
(#11326177)
Scroll down to chart S.03t. It shows a consistent trend upwards. The chart shows total government spending, not just federal.
Re:The American Economy Is in a Funk, But Not for the Reason...
by fweespee_ch on Monday March 21, 2016 @10:34AM
(#11328308)
The point is, I can't fix the other 49 states with magical powers.
Re:The American Economy Is in a Funk, But Not for the Reason...
by jjoonathan on Sunday March 20, 2016 @11:00PM
(#11325935)
And how much of that is due to increasing medicare costs?
Re:The American Economy Is in a Funk, But Not for the Reason...
by zaroth on Sunday March 20, 2016 @11:50PM
(#11326123)
Looks like about 40% of the increase over the last 30 years can be attributed to increased "health" spending. Health as a percentage of total has gone from ~10% - 22%.
Health Everything Else (Per Capita, 2009 dollars)
1986 1141 10243
2016 4111 14484
Inc 2970 4241
http://www.usgovernmentspending.com/spending_chart_1980_2021...
http://www.usgovernmentspending.com/us_20th_century_chart.ht...