Re:America Has Become Too European
by zyb09 on Saturday September 04, 2010 @08:51PM
(#1663756)
But you have to consider that government spending in Germany is about 280 billion euros, while the US budget is at 3.8 trillion. It's a larger country and all, but these number are really out of proportion.
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German taxes as a percentage of GDP is 39.3%. The US number is 28.2%. Government income should be about the same as government expenditures, so that means that the German stimulus was even bigger than the number in my previous comment. http://en.wikipedia.org/wiki/List_of_countries_by_tax_revenu...