top | item 45376948 (no title) mondrian | 5 months ago Comparing it to GDP doesn’t seem to make sense. Maybe to government revenue. discuss order hn newest AnimalMuppet|5 months ago No, the claim was that it has outgrown the private sector. GDP is in fact a good proxy for that claim.Outgrowing government revenue is a different claim. neffy|5 months ago No, it does make sense. Most of the purported growth in government spending is just using raw figures, and not correcting for either inflation or monetary expansion. It is a convenient mistake.
AnimalMuppet|5 months ago No, the claim was that it has outgrown the private sector. GDP is in fact a good proxy for that claim.Outgrowing government revenue is a different claim.
neffy|5 months ago No, it does make sense. Most of the purported growth in government spending is just using raw figures, and not correcting for either inflation or monetary expansion. It is a convenient mistake.
AnimalMuppet|5 months ago
Outgrowing government revenue is a different claim.
neffy|5 months ago