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Tag: National Income


artist in doing nothing (CC BY-SA 2.0)

Three Economic Myths Busted

As a share of national income, federal spending peaked during the Reagan administration; spending has increased only half as fast under President Obama as under President Bush; and declining revenues, not rising spending, accounts for the swelling federal deficit overseen by the Bush and Obama administrations.

Posted on May 31, 2013 READ MORE


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