4 ms·
Federal expenditures as a function of GDP were ~12% or so in 1950 (ie, coming down from the war). They are 25% or so now, 20% before covid. I’d imagine the st
by kansface 3y ago
Federal expenditures as a function of GDP were ~12% or so in 1950 (ie, coming down from the war). They are 25% or so now, 20% before covid. I’d imagine the states are about the same.
- dmn322 3y agoAnd what has that increased expenditure gone to?