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11-13-2008, 08:45 PM #1
Senior Member
Future stimulus package
WOW 32%...that's a big chunk of GDP to be coming from a government that is charging it's way towards bankruptcy...after this recession plays out, i hope there is going to be some serious belt tightening
as near as i can figger, canada's total federal/provincial/local government spending is about $500 billion, and the GDP is about $1.3 trillion...the usa has 10 times the population of canada so the proportion of total government spending to GDP is about the same even though you guys don't have to plow snow off all your highways for 9 months a yearmaladroit Reviewed by maladroit on . Future stimulus package A few days ago, the Chinese government unveiled a stimulus package amounting to $586 billion. The reasoning behind it is that there are many projections for a global slowdown in production for the world largest economies. In doing so, the package will provide money for health care, infrastructure, and education. Some info: China stimulus package Our current bailout plan has been restructured a bit, which is not on its own accord shocking, as they are virtually creating the theory as Rating: 5
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