4 ms·
We live in an "austerity-era" where government budgets continually expand. Apparently a mere reduction in the rate of growth qualifies as austerity these days.
by asift 11y ago
We live in an "austerity-era" where government budgets continually expand. Apparently a mere reduction in the rate of growth qualifies as austerity these days.
- drumdance 11y agoIt's more about spending relative to GDP. And when you look at income relative to GPD, the US is only just now returning to it's historical average in eighties and nineties. http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=205 http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Doc...