3 ms·
- Total government expenditures are nearly the size of China's GDP Total government expenditure of USA 2013: 3.45 trillion (http://en.wikipedia.org/wiki/2013_U
by akfanta 13y ago
- Total government expenditures are nearly the size of China's GDP
Total government expenditure of USA 2013: 3.45 trillion (http://en.wikipedia.org/wiki/2013_United_States_federal_budget http://en.wikipedia.org/wiki/2013_United_States_federal_budg...)
GDP of China in 2013: 8.3 trillion (http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal) http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nomin...)
If I am not mistaken, the federal spending budget includes military spending as well.
- scottjad 13y agoYou forgot to include state and local government expenditures, which perhaps almost double the number. And maybe he was thinking of a China GDP number from a year or two ago. When I google "China GDP" it gives me $7.3 billion from 2011. And "nearly" is subjective. And most military spending is welfare, either to defense contractors or otherwise.