A post like this really shouldn't be necessary, but part of the right wing canard that Obama has been a profligate spender is based on spending as a percentage of GDP. It looks like this - Graph 1.
Cross posted at the Presimetrics blog. This post has a few simple graphs showing the relationship between the growth in real GDP and a few other variables: the top marginal tax rate, spending by the ...
Real gross domestic product increased at an annual rate of 2.99% in Q2 2024, according to the final estimate. The latest estimate is the same as the forecasted 3.0% growth and is a pickup from the Q1 ...
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