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Ben Bernanke Blames Low Government Spending For The Bad Recovery — This Shows He's Totally Right
Ben Bernanke Blames Low Government Spending For The Bad Recovery — This Shows He's Totally Rightby Joe Weisenthal at Business Insider
http://www.businessinsider.com/bernanke-on-tight-fiscal-policy-2013-12
"SNIP.....................................
According to Bernanke, the economy still sucks because there's been so little government spending.
This of course stuns a lot of people who think there's been TONS of government spending.
But there hasn't been.
Last week Justin Wolfers tweeted this chart showing that the pace of government spending growth is WAY slower than it has been in past recoveries.
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....................................SNIP"