claim: "the federal government is spending 25 percent of our entire economy versus 100 years ago we spent only 2 percent."
author: ron johnson
evidence_1: sep 25, 2018 ... the federal government could soon pay more in interest on its debt than it  spends on the military, medicaid or children's programs. ... hit $390 billion next  year, nearly 50 percent more than in 2017, according to the ... but the tax cuts  passed late last year have created a deeper hole, with the .... july 25, 2018 ...
evidence_2: apr 5, 2012 ... it's fun to guess the future of the american economy. ... gdi, or gross domestic  income, tells us how much money we make. ... back more than a century: "100  years of u.s. consumer spending", ... the incredible shrinking u.s. government  .... a century ago, we spent more than half our money on food and ...
evidence_3: for 100 years now, the consumer price index has measured price change in the  u.s. economy. ... all-items cpi: total increase, 72.7 percent; 3.5 percent annually  ... even before the existence of the cpi: a march 2, 1914, story published in the  .... prices continued to rise, and government efforts to curb inflation were widely ...
evidence_4: mar 25, 2015 ... spending per student has more than doubled since the 1970s. ... more money is  spent on his or her education in america than in nearly ... students in poverty  have lower test scores than their higher-income peers. .... 24 percent less per  student in the 2015 fiscal year than in 2008, before the recession.
evidence_5: than 100 years ago, and how large are the income gaps between countries? ...  not only that we should be richer today than a century ago, but that the growth  rate .... note: growth rates are average annual growth rates in percent, and gdp  ..... 25 years. finally, government spending on research and development has  been ...