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The rapid growth of big government in the US
Posted:
Tue Oct 22, 2013 1:04 amby mrswdk
Government spending as % of net GDP:
2001 - 17.4%
2010 - 17.1%
Source: 数据来源 ㄧ 国际统汁年鉴2012
Re: The rapid growth of big government in the US
Posted:
Tue Oct 22, 2013 1:51 amby john9blue
what is the figure for 2000?
also, post an english source, or at least give us a link.
Re: The rapid growth of big government in the US
Posted:
Tue Oct 22, 2013 2:34 amby crispybits
Re: The rapid growth of big government in the US
Posted:
Tue Oct 22, 2013 11:38 amby BigBallinStalin
Yeah, that Chinese source did seem too low.
Re: The rapid growth of big government in the US
Posted:
Tue Oct 22, 2013 11:45 amby BigBallinStalin
Here's total government spending (federal, States, local):
It's not weighted, so it'll seem a little larger, but it's not that much bigger.
2012 GDP ('real'): $14.9 trillion
So, roughly 6/14.9 =
~40%. 40% of the 2012 GDP was government spending. Used to be about 1% of GDP or so back in the day (1800-1917?)
http://www.tradingeconomics.com/united-states/gdp
Re: The rapid growth of big government in the US
Posted:
Tue Oct 22, 2013 1:26 pmby Lootifer
What boggles me the most about the US GOvt spending is your healthcare (talking pre-obamacare here)
You guys spend more government money on healthcare in your hybrid private system than most western countries do who have public healthcare. Seems bizzare.
(And yes I accept the US has the best healthcare tech in the world, hands down, but isnt most of it funded privately?)
Re: The rapid growth of big government in the US
Posted:
Tue Oct 22, 2013 2:45 pmby BigBallinStalin
If you setup more price controls, thereby inducing cuts in price (and quality), then I'd expect 'costs' (i.e. prices) for healthcare to drop. This may not necessarily be a good thing because the real cost is not fully reflected in accounting costs, and you'd likely get shortages in health care (thus, the necessity of queuing, which honestly is wasteful in this circumstance).
