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by opo
795 days ago
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You are ignoring state government expenditures. >...The US government's Bureau of Economic Analysis as of Q3 2023 estimates $10,007.7 billion in annual total government expenditure and $27,610.1 billion annual total GDP which is 36.2%.[1] https://en.wikipedia.org/wiki/Government_spending_in_the_Uni... >For the size of the US economy, spending should be significantly higher. The percentage shot up during the Covid spending and is still slightly above the historical average. |
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