EF-0. Economy Stats with links to original sources. Links to LBN jobs threads thru 9/6/24

[FogerRox]

16. Brackets, we used to have 67. Now we have 6. Not good at

describing a geometric curve necessary to make a progressive tax that allows the working classes to keep what they earn , I want at least 12-15. Adding 6 more for the top .33%.

!930's we spent - depending who you listen to, between 5% and 7% of GDP on the New Deal. 5% of GDP was SOP for year, I believe that declined starting in the 80's.

The reason its important to me is that I have a thesis, policies that created jobs in the US were removed, starting mainly in the 1980's. Infrastructure spending and tax policies giving deductions for domestic investment.

Might have been a total of 6%-7% of GDP, spent on jobs, since the late 80's 3 recessions each have more breadth and depth, each with the so called jobless recovery.

In a 15 trillion dollar economy, spending 7% is 1 trillion. This would create between 20 and 25 million jobs. Gee whiz, U6 is just about 22 million...........

Last year we spent about 1.3% of GDP on infrastructure. About 195 billion.