Tweet from Mike on longer term trend in the yearly top-line government spending ("cash basis"):
Fed'l spending has slowed, but remains high. Unfortunately, most of those flows have gone to corps, not individuals. pic.twitter.com/roa4QydRWa
— Michael Norman (@mikenorman) December 18, 2013
The more recent short term non-existent government top-line spending growth coupled with the intermediate term slight reduction we can see in Mike's chart is leaving the economy to AT BEST deliver marginally positive GDP growth of late.
No comments:
Post a Comment