1st, government spending is basically determined by political considerations, which in a recession are expected to bring additional spending in order to offset a fall in private investment and consumption. So, regardless of the number the increase is due to a fall in private consumption and investment.
2nd, Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a year. By dishing out money government is only stimulating private spending without a single dollar coming from the production of any additional good or service by the public sector. For this reason that figure has to be erroneous,
3nd, socialism has to do with the ownership of the collective means of production and in that regard nothing has changed. Apple, Google, Microsoft and so forth are all still in private hands.
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1st, government spending is basically determined by political...
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