Re: GDP?
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I suppose being an economist by training, I look at the entire picture, rather than the part that fits my worldview.
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Does Federal spending, such as highway funds, building projects, military bases and welfare not ADD to the overall economy (at least in the areas that the $ are spent?
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Your parenthetical clause is in direct contradiction with the statement it follows. Of course government spending doesn't add to the overall economy. How could it? Furthermore, any benefit that an individual business or industry gains from government spending can only come at the expense of other businesses and industries.
You're an economist?
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