Discussion in 'Economy' started by Bleipriester, Dec 2, 2019.
Every country can make new bills.
Overall, Trump spends 2,8 Dollar to increase the GDP by 1 Dollar.
Show your math, comrade.
That's what causes me to break out in uncontrollable laughter whenever I hear or see someone claim the GOP is the party of small government.
Trump Proposes a Record $4.75 Trillion Budget
Trump personally demanded the biggest government spending in history.
United States GDP | 2019 | Data | Chart | Calendar | Forecast | News
GDP grew by $1.009 trillion in 2018.
2018 United States federal budget - Wikipedia
Trump spent $4.094 trillion in 2018.
4.094/1.009 = 4.05.
So, actually, about $4.00 of spending for every dollar of GDP growth.
The real reason Trump spends record amounts of money is because he promised the rube herd 6 percent GDP growth.
GDP = C + I + G + (X – M)
GDP = private consumption + gross investment + government investment + government spending + (exports – imports).
There's the secret sauce of the pseudocon's huckster messiah. Trump spends other people's money in order to artificially juice the GDP figure.
Not just other people's money, he spends the money of the unborn, too.
He inherited a declining deficit, and immediately set to work doubling it with the GOP congress.
Separate names with a comma.