sure looks like a death spiral to me
My god.
posted by Chris Bray @ 9:13 AM
Friday, February 27, 2009
A blog written by increasingly few graduate students in the UCLA history program.
Contributors
Previous Posts
- america's most important journalist
- a year and a day
- donkeys
- things i learned while grading history exams, part...
- cart, meet horse
- but the last one was a winner
- what in the fucking goddamn fuck
- because she's just like her dad, is why
- someone is confused
- coup d’état
Subscribe to
Posts [Atom]
6 Comments:
Keep in mind that the Bush budgets didn't include spending on the wars.
Noted. Still looks like a death spiral! Arrgghhh!
Look at federal spending as a percentage of GDP and the picture changes.
The death spiral started at least six years ago. I find it mildly invigorating. America in the Afterlife.
As a percentage of GDP: Interesting, but two things I wonder about:
1.) How much of recent GDP has been air? GDP fell in the last quarter by an annualized 6% -- a lot of what we were calling GDP was the housing bubble and Enron-style accounting.
2,) The line is creeping back up again pretty quickly.
Plunging GDP and soaring debt...
Dear Mr. Bray,
I am the blog intern at Oxford University Press. I was wondering if you would mind sending me your email address, in case we have a blog post we think you might be interested in.
Thank you,
Megan B
megan.branch@oup.com
Post a Comment
Subscribe to Post Comments [Atom]
<< Home