[jmoak3]

I wonder what he would have to say on our current world. Here are some stats I find interesting from America in particular.

Federal Government Current Receipts

https://fred.stlouisfed.org/series/FGRECPT

Personal current transfer receipts: Government social benefits to persons: Medicare

https://fred.stlouisfed.org/series/W824RC1

Personal current transfer receipts: Government social benefits to persons: Social security

https://fred.stlouisfed.org/series/W823RC1

It appears at the moment that more spending on everything is bipartisan, and universally loved. Until it breaks:

Federal government current expenditures: Interest payments/Federal government current tax receipts

https://fred.stlouisfed.org/graph/?g=sOG

Some food for thought:

https://www.americas-capital.com/blog/we-will-see-the-return...

[Nifty3929]

Yep - everyone wants money to be spent. But few consider how that money spent contributes to overall productivity. One cannot live in money or eat money. If we want things, they have to be produced by workers. Does spending money increase overall production? Maybe, but I rarely hear anybody address that question.

Does hiring people into government roles end up producing consumer goods, factories, or productivity-enhancing research? This is an unasked question.