JBeukema
Rookie
- Banned
- #1
Deficit spending on bombs increases both GDP (by making stuff) and the deficit (by going into the red to do so), right?
So wouldn't any significant degree of federal deficit spending that results in anything being made (eg: bombs for the Long War) (directly by the government or indirectly via contracted manufacturers) render Deficit as a Percentage of GDP a rather unreliable and fickle measure?
So wouldn't any significant degree of federal deficit spending that results in anything being made (eg: bombs for the Long War) (directly by the government or indirectly via contracted manufacturers) render Deficit as a Percentage of GDP a rather unreliable and fickle measure?