02-07-2021, 07:44 PM
I rechecked. It was closer to 40% 14.1 bil to 19.5 bil in 1987
It is the tax payers money. it's being spent.
So who did it before 1977? It couldn't have been done without the D of Energy?
"federal spending as percent of GNP in 1980 as 21.6%, and after six years of Reagan, 24.3%. A better comparison would be percentage of federal spending to net private product, that is, production of the private sector. That percentage was 31.1% in 1980, and a shocking 34.3% in 1986"
https://mises.org/library/reagan-fraud-and-after
Public debt went from 25 to 41% from 1980-88
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