I think I've got it! When I stole the White House furniture
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2010. GDP post 1930 per White House OMB. Neither federal spending nor GDP data are adjusted for inflation.
see next slide. Source: cash flow per White House Office
White House Office of Management and Budget
White House Office of Management and Budget.
assuming a 3% discount rate (long-run average of real 10-yr treasury yields). Source: White House Office of Management and Budget
TARP ultimate cost to the Treasury would be $29B. 2) White House OMB estimates
in 2005 dollars. Data source: White House Office of Management and
and spending on GSEs. Source: White House Office of Management and Budget
White House Office of Management and Budget.
White House press secretary Sean Spicer’s recent reference to
which was filled with children’s toys. I drove him to the White House gate. Goldberg
which historically has been at ~87% of GDP. Source: F2010E revenue & deficit per White House OMB
including the former White House counsel to President Obama.
100-Year Review of USA Inc.’s Basic Income Statement Including Revenue & Expense Drivers as Percent of GDP 1910 "*" 1920 """ 1930 """ 1940 "*"" 1950 ""* 1960 """ 1970 "*" 1980 """ 1990 """ 2000 ""*| 2008 2009 2010 Revenue ($B) h $7 $4 $7 $41 $92 $193 $517 $1,032 $2,025 [$2,524 $...