Where Does This Lead Us?

Blame it on the approach of Christmas, but I find myself just a little sluggish tonight. Nevertheless, these graphs from Jake at EconomPicData.com  are intriguing.

Jake points out that the highest level of governments’ share of GDP occurred in 1943-1944. World War 2 years, obviously. Others have noted that the Depression didn’t end until the massive stimulus of war spending kicked in at that time.

Anyone think that it might take that level of government expenditure to get us out of this one?

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