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.
Hot Gear Friday: The Swiss Army Guitar
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The word “iconic” is overused these days. I try to avoid it. It’ll be hard
in this next bit. If you are not a guitar player, and someone says
“electric gui...
13 hours ago
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