PDA

View Full Version : Rand Paul says federal spending has risen to 25 percent of GDP




RonPaulFanInGA
11-16-2010, 04:45 PM
http://www.politifact.com/truth-o-meter/statements/2010/nov/15/rand-paul/rand-paul-says-federal-spending-has-risen-25-perce/

Rated: True

ronaldo23
11-16-2010, 08:40 PM
In an attempt to look unbiased and make up for their ridiculous "false" of Rand's federal salary contention , they found a straightforward claim from Rand that was true, that no one really ever questioned.

Galileo Galilei
11-17-2010, 12:06 PM
For a great model for a functional but limited central government, look to the US prior to 1913.

FACT:

In 1912, the federal share of GDP was only 1.75%.

FACT:

In 1860, the federal share of GDP was only 1.6%

FACT:

During the War of 1812, the federal share of GDP maxed out at 3.9%, despite a three-front invasion by the world's largest military empire.

CONCLUSION:

From 1788 until 1912, the US typically had a federal government that operated on about 2% of the GDP during peacetime and about 4% during war-time, the Civil War excepted. If they could do it then, we can do it now.

Aratus
11-17-2010, 12:30 PM
rand paul is very correct as to how 20% becomes 25% in the past decade...