Maybe not. It turns out that with government spending forming such a large portion of GDP, the small rise in GDP last year actually was all government spending--and then some. The private sector actually appears to have shrunk.
Maybe it's time to start counting GDP in terms of the private sector only, and we'd get a better idea of what's really going on. H/T SCSU Scholars.
I Heard It On The NARN
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Focus on the Family’s counseling site: www.focusonthefamily.org/tragedy Or
call 855-771-HELP for a call back from a counselor. And here’s today’s
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