I am not sure what your chart is representing.
others charts show US govt spending is close to 40% of GDP.
So when you add in state govt it is truly insane
http://www.usgovernmentspending.com/us_20th_century_chart.html
others charts show US govt spending is close to 40% of GDP.
So when you add in state govt it is truly insane
http://www.usgovernmentspending.com/us_20th_century_chart.html
Quote from Ricter:
I should have linked to the explanation. Chart shows all government spending, state, local, and federal, as a percentage of potential GDP (done to eliminate the distorting effect of recession and inflation). Don't be scared, we've been worse off before. The important thing is that it's falling. During Obama I might add.