A chart provided by Paul Krugman that illustrates government nondefense discretionary spending as a percentage of GDP in the US, which bumped up briefly after the 2008 financial crisis and Covid, has remained low and gradually declining otherwise.
“ #nondefense #discretionary #spending as a percentage of GDP, which bumped up briefly after the 2008 financial crisis and Covid, but has remained low and gradually declining otherwise:” open.substack.com/pub/paulkrug...
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