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Date Posted: 14:13:08 10/31/02 Thu
Author: Kafka
Author Host/IP: gatekeeper.ngrid.com / 192.146.145.219
Subject: Re: Spending as a percent of GDP
In reply to: Richard 's message, "Spending as a percent of GDP" on 13:49:34 10/31/02 Thu

How do you define overspending? Would that just be spending beyond revenues, or do you have some other standard in mind (for example, an arbitrary "correct spending per GDP" figure)?

Also, we run into the problem of how to assign credit/blame for overspending, if there's a divided legislative/executive.

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