A Record of 0-58: We Can Do Better
Brian Hamilton
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Posted 02.05.2013
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Business
Read More:
U.S. Economy,
Debt,
National Debt,
Economy,
Spending,
Fiscal Cliff,
Business,
Federal Budget,
Politics Deficit,
Gdp Deficit,
Business News
People talk about government spending as a percentage of GDP or use spurious metrics that confuse the main theme of the data. Look at it as a businessperson would: If a company is taking in $100 and spending $150, it doesn't matter what expenses are relative to anything else.
