Monday, November 19, 2012

Fwd: 20.6%

'Federal spending under Obama has been 24 percent to 25 percent of gross domestic product. Even in World War II, revenues never reached that level. Since that war, the highest level was 20.6 percent of GDP in 2000, when the government was flush with tax revenues from the capital gains of dot-com founders.'

 

http://www.realclearpolitics.com/articles/2012/11/19/both_sides_must_give_ground_to_avoid_fiscal_cliff_116198.html

No comments:

Post a Comment