"Clearly, the chart shows that more government spending does not create jobs. In fact, it is exactly the opposite. More government spending is correlated with higher levels of unemployment. In 1965, federal government spending was 17.2% of GDP and the unemployment rate was 4%. By 1982, spending had increased to 23.1% of GDP and unemployment had climbed to almost 11%.
"Government spending then fell from its early-1980s peak back to a new low of 18.4% of GDP in 2000, and the unemployment rate fell back to a low of 3.8% in 2000. Lately, due mostly to the profligate spending of the Bush Administration, government spending has increased to 20.7% of GDP. And guess what, the unemployment rate is up, not down."
-- economist Brian Westbury
Mike Pence tries to instruct JD Vance on how to deal with Iran negotiations
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Don’t you just love how this Karen Republican, Mike Pence still thinks
anyone gives a shit what he has to
The post Mike Pence tries to instruct JD Vance ...
8 hours ago
URL AFU. Cache talks, 404 walks.
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