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A comment on Senator To Microsoft: What Was That You Said About Wanting More H-1B Workers? . Parent comment

Re:Senator To Microsoft: What Was That You Said About Wantin... by Retric on Tuesday January 27, 2009 @10:20AM (#452188)
That graph is broken:

http://www.usgovernmentspending.com/us_20th_century_chart.ht...

If government is spending 40% of the GDP then taxes are around 40% of the GDP.

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Re:Senator To Microsoft: What Was That You Said About Wantin... by redrobot5050 on Tuesday January 27, 2009 @12:17PM (#452394)
Unless the government was to engage in 'deficit spending' -- e.g. spending money it doesn't have by seeking loans from foreign countries.

Oh course, that would never happen. :)

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Re:Senator To Microsoft: What Was That You Said About Wantin... by Retric on Tuesday January 27, 2009 @01:46PM (#452517)
Our deficit is significant but our 13.84 Trillion GDP means deficit spending of 1/2 Trillion a year is less than 5%. His graph placed taxes around 12% of GDP which is just so far from the truth that it's almost meaningless.
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