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	<title>Comments on: Bottom Picking</title>
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	<link>http://alamedalearning.com/reality/2008/01/21/bottom-picking/</link>
	<description>Separating fact from fiction in finance and economics</description>
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	<item>
		<title>By: reality</title>
		<link>http://alamedalearning.com/reality/2008/01/21/bottom-picking/comment-page-1/#comment-760</link>
		<dc:creator>reality</dc:creator>
		<pubDate>Sat, 26 Jan 2008 14:42:30 +0000</pubDate>
		<guid isPermaLink="false">http://alamedalearning.com/reality/2008/01/21/bottom-picking/#comment-760</guid>
		<description>The analysis is from here:

http://mwhodges.home.att.net/mwhodges.htm

I think you must be looking at just Federal government spending.</description>
		<content:encoded><![CDATA[<p>The analysis is from here:</p>
<p><a href="http://mwhodges.home.att.net/mwhodges.htm" rel="nofollow">http://mwhodges.home.att.net/mwhodges.htm</a></p>
<p>I think you must be looking at just Federal government spending.</p>
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	<item>
		<title>By: Robert Freeman</title>
		<link>http://alamedalearning.com/reality/2008/01/21/bottom-picking/comment-page-1/#comment-758</link>
		<dc:creator>Robert Freeman</dc:creator>
		<pubDate>Sat, 26 Jan 2008 07:23:43 +0000</pubDate>
		<guid isPermaLink="false">http://alamedalearning.com/reality/2008/01/21/bottom-picking/#comment-758</guid>
		<description>Separating fact from fiction, indeed.  Unfortuantely, Financial Reality&#039;s credibility is blown by the statement, &quot;A reduction in the burden of government, which spends 44% of U.S. GDP in non-productive ways, like wars&quot; 

In the third quarter of 2007, the last quarter for which data is available, government spending amounted to 19.4% of GDP. The data are here at the Bureau of Economic Analysis web site:

http://www.bea.gov/national/nipaweb/TableView.asp?SelectedTable=5&amp;FirstYear=2006&amp;LastYear=2007&amp;Freq=Qtr

Since 1946, government has averaged just under 20% of GDP.  Same source.</description>
		<content:encoded><![CDATA[<p>Separating fact from fiction, indeed.  Unfortuantely, Financial Reality&#8217;s credibility is blown by the statement, &#8220;A reduction in the burden of government, which spends 44% of U.S. GDP in non-productive ways, like wars&#8221; </p>
<p>In the third quarter of 2007, the last quarter for which data is available, government spending amounted to 19.4% of GDP. The data are here at the Bureau of Economic Analysis web site:</p>
<p><a href="http://www.bea.gov/national/nipaweb/TableView.asp?SelectedTable=5&amp;FirstYear=2006&amp;LastYear=2007&amp;Freq=Qtr" rel="nofollow">http://www.bea.gov/national/nipaweb/TableView.asp?SelectedTable=5&amp;FirstYear=2006&amp;LastYear=2007&amp;Freq=Qtr</a></p>
<p>Since 1946, government has averaged just under 20% of GDP.  Same source.</p>
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	<item>
		<title>By: Vytas</title>
		<link>http://alamedalearning.com/reality/2008/01/21/bottom-picking/comment-page-1/#comment-738</link>
		<dc:creator>Vytas</dc:creator>
		<pubDate>Tue, 22 Jan 2008 09:57:17 +0000</pubDate>
		<guid isPermaLink="false">http://alamedalearning.com/reality/2008/01/21/bottom-picking/#comment-738</guid>
		<description>Read like a letter to Santa Klaus. 

Everything will return to sound basis and people will stop lying and fighting for power.</description>
		<content:encoded><![CDATA[<p>Read like a letter to Santa Klaus. </p>
<p>Everything will return to sound basis and people will stop lying and fighting for power.</p>
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