Government Spending as a Percentage of the Economy, International Comparisons

Discussion in 'Economy' started by Toro, Sep 5, 2009.

  1. Toro
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    Toro Diamond Member

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    For reference.

    This includes all levels of government.

    From the OECD.

    [​IMG]
     
  2. RadiomanATL
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    RadiomanATL Senior Member

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    So we spend more than Switzerland.


    Interesting conclusions can be drawn from this....
     
  3. mascale
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    mascale VIP Member

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    Anyone notices that it's all lethal, or legal, or however that is said.

    "Crow, James Crow: Shaken, Not Stirred!"
    (Actually, the Presbyterians caused all this, anyone knows: Unless they have somehow managed to excommunicate Adam Smith! It's widely reported in all the textbooks(?)!)
     
  4. elvis
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    elvis BANNED Supporting Member

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    How much of the difference between the US and France in that graph is because of social medicine?
     
  5. DiveCon
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    DiveCon gone

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    now show a graph on the GDP
     
  6. Skull Pilot
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    Skull Pilot Platinum Member

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  7. DiveCon
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  8. editec
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    editec Mr. Forgot-it-All

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    Is the above ALL US government spending, or just the FEDS?

    40% of GDP is actually pretty good if it includes all state and local governments, too.

    In fact it's damned cheap given the world we live in.
     
    Last edited: Sep 6, 2009
  9. Neubarth
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    Neubarth At the Ballpark July 30th

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    I expect that it is just Federal Spending. In our system the States pick up a lot of the slack, like in California we have MediCal instead of MediCare. California put in a lot of socialist programs as if they though that the money would never run out. Now, they are cutting full time jobs entirely (like teachers in an already grossly underfunded school system) or cutting the hours of those jobs so they can fund the socialist welfare programs. The Liberals in Sacramento were generous and now those taxpayers with money are going to be forced to move out of the state because the rich have to support an ever increasing percentage of the destitute populace.

    It makes me wonder if the State of California will eventually only have people living off of welfare.
     
  10. Toro
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    Toro Diamond Member

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    It is all government at all levels - federal, state, country, city.

    Federal spending is about a quarter of the economy.
     

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