2 ms·
Says the person whos missed most of the spending - US Federal spending hasn't dropped below 10% in 80 years. You might not have read the title of the graph you'
by roenxi 1y ago
Says the person whos missed most of the spending - US Federal spending hasn't dropped below 10% in 80 years. You might not have read the title of the graph you're looking at?
US Federal spending over any recent time period is basically sum(GDP over however many years)*20%. You're talking about a fraction of a fraction of a fraction that, which potentially didn't even involve actually lowering spending since we're talking a % of something that is growing.
Y'know, well done Clinton and all that - balancing a budget is challenge. But if that is going to get called a drawdown it was about as effective as DOGE. It didn't bump Federal spending off the trendline and the small amounts render it largely meaningless in the big picture. It is literally statistical noise.