Bruce Bartlett: Other Ways to Look at G.D.P. and What It Tells Us - NYTimes.com

Bruce Bartlett: Other Ways to Look at G.D.P. and What It Tells Us - NYTimes.com: "Bruce Bartlett held senior policy roles in the Reagan and George H.W. Bush administrations and served on the staffs of Representatives Jack Kemp and Ron Paul. He is the author of “The Benefit and the Burden: Tax Reform – Why We Need It and What It Will Take.”

My last post, on the impact of federal stimulus on economic growth, appears to have confused some readers. My purpose was to explain the basics of national income accounting and how stimulus fit in. The point was that some federal spending is stimulative by definition. Other spending may or may not be stimulative; only analysis can determine that."

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