Saturday, October 10, 2009

Tell Me Again About "Conservative" Republicans


Read it and weep, Conservatives.
That is ALL Gummint spending--Fed, State, and Locals, not just Fed--albeit the WWI/WWII spikes were caused by Fed.
HT: Ace

5 comments:

  1. You forgot the Great Depression spike also created by the Feds.

    Have you played around with the base chart-creation page? It's "interesting" (in the Chinese sense).

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  2. Haven't played with the page. That sort of stuff is YOUR game; I'm math-challenged...

    As to the Depression spike, by the chart's graph, it was a "spike" but spending remained high afterwards.

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  3. Compare that chart to this one.

    Striving to keep spending as low as possible is certainly a noble goal, but is there an advanced country that spends less than us?

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  4. You talk about "advanced countries" as though they were some sort of Uber-Race.

    They're merely decrepit.

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  5. Way off topic but I see you haven't gotten to the Nobel Economics winners yet. I wonder if you've read this from Ritholtz yet? Truly a great blog entry regarding the "irony" of the actual winners and the Eugene Fama, EMH "fan club":


    http://www.ritholtz.com/blog/2009/10/ostrom-williamson-win-ironic-nobel-in-economics/

    ReplyDelete