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MEMBER DIARY

    Federal Finances Understood

    By: actuarius (Diary)  |  March 3rd at 12:11 AM  | 

    Who can fathom the numbers being thrown around in conjunction with the federal fiscal situation. No one. The most common attempt is to report the numbers as a percent of GDP. Who cares about relating to the GDP unless you are comparing the spending of the US to another country? By itself numbers expressed as a percent of the GDP don’t mean much. They certainly | Read More »