edyvw
$50 site donor 2025
Federal spending in the last decade went up 3%, strictly being tied to COVID-19 intervention.Or correction from not wanting/ not able to subsidize the S&P 500 going forward. Not sure what the companies of the S&P 500 are doing over the last decade or so, that justifies a higher S&P performance from times of great US exports. Not sure how the S&P over the past decade outperformed the S&P from the last century, when looking at the trade deficit.
Deep question; is it reasonable to assume the success of the S&P 500 over the past decade might have more to do with the booming federal deficit and less to do with private industry production. Someday, the credit card bill will be due, and the line of credit shut down.
View attachment 267113
In 2007 the US economy was $100bln smaller than EU. Last year it was $10 trillion larger than EU.
That kind of performance is not federal spending, but actual economy.