Gene Epstein, Barron's Keepers of the record books, take note. Over the 11 calendar quarters since the end of the 2008-09 recession,...
Gene Epstein, Barron's Keepers of the record books, take note. Over the 11 calendar quarters since the end of the 2008-09 recession, government's share of gross domestic product has been shrinking at a record rate. True, there were two periods of comparable length when government shrunk faster: the early 1970s and mid-1950s. But both those downsizings were due to demobilizations after relatively major wars — the Vietnam and Korean conflicts, respectively. Read More (Requires Subscription)
