[lbo-talk] spending as a percentage of GDP ...

[James Heartfield]

Jordan writes
'Krugman making the same point today: Special Bulletin: Fractions Have Denominators http://krugman.blogs.nytimes.com/2010/10/12/special-bulletin-fractions-have-denominators/ '

So it's only another thousand billion then, or an increase of 25 per cent, so that's alright.