[lbo-talk] what government spending?

Wojtek S wsoko52 at gmail.com
Tue Oct 12 11:19:30 PDT 2010


How did you get 42%? 5/14=.357 which is close to what Krugman reports. Governmetn current expenditures are in table 3.16 (currently unavailable, but I downloaded it some time ago). GDP, including government consumption expenditure is table 1.1.15.

wojtek

On Tue, Oct 12, 2010 at 2:07 PM, socialismorbarbarism <socialismorbarbarism at gmail.com> wrote:
> Well, closer to the right wing site's figures (42.4% vs. 43.9%), but
> still 1.5% lower. But then Krugman gives a different (even lower)
> figure... Huh?
>
> So, in which table(s) exactly did/would you, Doug Henwood, look to get
> the cognates of the figures presumably used by governmentspending.com?
> That is, total GDP 1995-2010, and total government spending for the
> same period.
>
> Whatever comes out, I'll confess a soft spot for those right-wingers'
> data, they were such a clear argument for the need for massive social
> investment to counter the effects of a failed capitalist economy...
>
> On Tue, Oct 12, 2010 at 6:55 AM, Doug Henwood <dhenwood at panix.com> wrote:
>>
>> On Oct 12, 2010, at 11:28 AM, Wojtek S wrote:
>>
>>> According to BEA data
>>> http://www.bea.gov/national/nipaweb/SelectTable.asp?Selected=Y
>>> table 1.1.5
>>> government (fed, state & local) consumption expenditures and
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