Government Contributions To GDP Since 1965

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http://www.businessinsider.com/government-contribution-to-gdp-since-65-2013-9

People generally assume that when a democrat occupies the Oval Office, government gets bigger and government spending becomes key to GDP growth.

However, that has just not been the case with President Obama.

Here's an interesting chart from Chicago Fed President Charles Evans.

It shows how the government contributed to GDP growth in every quarter since 1965. Notice the far right.



Read more: http://www.businessinsider.com/government-contribution-to-gdp-since-65-2013-9#ixzz2gBoreWwC

[Benton D Struckcheon]

1. It's not just that.

The post-sixties peak was Reagan. Reagan's combo of tax cuts + defense spending was highly stimulative. You can bet that if we had a Republican in there, we'd have that same combo, and no threats by any Republican to shut down the gov't or not raise the debt ceiling because of the "soaring deficit". Cuz ya know, no matter how big the deficit is under a Republican, it doesn't matter. And no matter how small it is under a Democrat, it's always too big.
Of course we'd also be fighting in Syria, Iran, and who knows where else, especially if it was McCain.