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Government Spending As A Percentage Of GDP
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An 8 page paper discussing the 1998 disappearance of the federal budget deficit and the possibility of linking government spending to growth of GDP. Linking government spending to GDP would result in total chaos within the government and in all of the programs on which it manages to spend so much. While it is true that government spending increases have trailed increases in tax revenues based on constant or lower tax rates, there is never a guarantee those revenue increases will continue. So far, economists have not been able to agree even on the reasons for the long period of economic growth, much less how to ensure its continuation. Bibliography lists 7 sources.
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Pages:
8
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Filename:D0_Govspend.wps |
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Paper Title:
Government Spending As A Percentage Of GDP
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