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**resegooredo** · 02-10-2010, 03:33 AM

hail, oh lutherf!

mate, i hears what yer sayin', and appreciate the perspective ye have given me on our spendin' in relation to our GDP.

lemme asks ye though, be it fair to view our military spendin' this way?

1) our military spendin' as it relates to our current national debt and...

2) even if our GDP has risen, what of it? i mean, if i waste 50k per year 'o me monies goin' to the casino and i make 100k per year....and my income jumps to 130K per year and increase me spendin' at the casino to 60K per year....aren't i still spendin' more?

- MeadHallPirate

Actually, the best way to measure spending is in relation to revenue but the site I'm using doesn't offer that option so I went with % of GDP instead because it's the next best measure. Historically our tax collections have amounted to 18-20% of GDP so there is a pretty decent correlation.

02-10-2010, 03:33 AM	#14
resegooredo Join Date Oct 2005 Posts 462 Senior Member	hail, oh lutherf! mate, i hears what yer sayin', and appreciate the perspective ye have given me on our spendin' in relation to our GDP. lemme asks ye though, be it fair to view our military spendin' this way? 1) our military spendin' as it relates to our current national debt and... 2) even if our GDP has risen, what of it? i mean, if i waste 50k per year 'o me monies goin' to the casino and i make 100k per year....and my income jumps to 130K per year and increase me spendin' at the casino to 60K per year....aren't i still spendin' more? - MeadHallPirate Actually, the best way to measure spending is in relation to revenue but the site I'm using doesn't offer that option so I went with % of GDP instead because it's the next best measure. Historically our tax collections have amounted to 18-20% of GDP so there is a pretty decent correlation.
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