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Sure. The government spending at all levels ($4.99 trillion) is found at line 33 of NIPA Table 3.1.
http://www.bea.gov/national/nipaweb/...JavaBox=no#Mid The GDP figure ($14.26 trillion) is found at line 1 of NIPA Table 1.1.5. http://www.bea.gov/national/nipaweb/...JavaBox=no#Mid This yields a 35% figure rather than the ~ 40% figure given above. 2009 should be in the 36% - 37% range, a post-war high. |
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The Canada Pension Plan: no projected shortfall for the foreseeable future. Current accumulated funds invested in a range of private and public assets by an arms-length investment board
US Social Security: tens of trillion dollar shortfalls. Current accumulated funds "invested" solely in US treasury bonds earning virtually no interest Canada: where the intergenerational Ponzi schemes are sustainable |
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