And no referring to your National Income and Product Accounts tables!
The Atlantic just reported an announcement by the BEA that GDP growth figures for the first quarter of 2010 have been revised down from 3.0% to 2.7%. That's low growth to begin with coming out of a downturn, and it's getting revised lower.
Geez - those Keynesians really screwed things up, didn't they! It proves it - you use fiscal stimulus and its going to give you sluggish growth.
So your quiz is: what was the growth rate of government spending - the infamous "G" aggregate in that vulgar Keynesianism equation - in the first quarter? Give a guess, please. I'll let you know tomorrow morning.
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