Multiplying Mendacity
Posted in Government Gone Wild, Macroeconomics, You Can't Have it Both Ways on Sep 5th, 2011
In the second quarter of this year, US nominal GDP crossed the $15 trillion mark. According to Recovery.gov, the individuals who work for the federal government have spent 93% of the dedicated stimulus funds from the 2009 American Recovery and Reinvestment Act. This means $731.9 billion has been spent. According to the macroeconomists at the […]
