View Single Post
  #72  
Old 08-10-2011, 07:32 AM
Danzig Danzig is offline
Dee Tee Stables
 
Join Date: May 2006
Location: The Natural State
Posts: 29,942
Default

joey, this is why discretionary spending isn't the problem:


Discretionary Spending

A distinct pattern in the federal budget since 1962 is the diminishing share of spending provided through annual appropriations (see Figure 4-2). As a share of the budget, discretionary spending has fallen from 68 percent in 1962 to 38 percent in 2008. Relative to the size of the economy, such spending has declined from 12.7 percent of GDP in 1962 to 8.0 percent in 2008.
__________________
Books serve to show a man that those original thoughts of his aren't very new at all.
Abraham Lincoln
Reply With Quote