The red line is Federal spending as a % of GDP. When Federal spending goes down, unemployment also goes down (after the fact). When government spending goes up, higher unemployment follows.
Government spending is from http://bit.ly/enWEJV
Friday, December 3, 2010
Goverments spending causes unemployment
Does this chart say the same thing to you that it does to me? When Goverment spending increases unemployment increases?
The red line is Federal spending as a % of GDP. When Federal spending goes down, unemployment also goes down (after the fact). When government spending goes up, higher unemployment follows.
Unemployement numbers are from the Bureau of Labor Statistics http://bit.ly/EiGZ0
Government spending is from http://bit.ly/enWEJV
The red line is Federal spending as a % of GDP. When Federal spending goes down, unemployment also goes down (after the fact). When government spending goes up, higher unemployment follows.
Government spending is from http://bit.ly/enWEJV
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Could there be other factors that contribute to unemployment?
ReplyDeleteNo way you little punk. This is the only thing causing unemployment because it is a graph and it is on the INTERNET!
ReplyDeleteOK, yes there could be. I was reacting to the idea that government stimulus spending can decrease unemployment.