akuma587 said:
TheRealMafoo said:
akuma587 said:
halogamer1989 said:
Orca_Azure said:
17 billion out of a 3.2 trillion budget :p gotta love that |
3.6 billion for the 2010 fiscal year...
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Actually it is 3.44 trillion.
The budget is going to grow to some degree every year either in real terms, based on the increase in size of the economy and the population of the country, and in nominal terms, based on increases in inflation. So people have to take these numbers with that in mind as well.
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These numbers should grow each year with GDP. Why then when GDP is going to drop 12%, they go up 50%?
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That's your assessment. Many economists would say the exact opposite, that the government's share of GDP should substantially increase when GDP drops for the health of the economy.
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No, many economists would say we need to temporarily spend our way out of a recession by employing people to do work that betters the country. None say we need to massively increase out entitlement program permanently when we already spend more money then we bring in.
It's not rocket science.
