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mathematic

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31. $8b in the most recent year

Fri Nov 1, 2013, 10:43 AM

Nov 2013

That's how much defense spending on structures was in the most recent year. Defense spending is mostly on equipment and intellectual property products (like software projects and R&D). I have a post above with the link to the BEA data that the OP's chart comes from.

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Here's The Chart Of The US Infrastructure Spending Collapse That Everyone Is Talking About [View all] xchrom Nov 2013 OP

K&R! KoKo Nov 2013 #1

When are the elected Democrats going on the Sunday talk shows and start screaming this? DontTreadOnMe Nov 2013 #2

The narrative is set by the corporate-controlled M$M. watoos Nov 2013 #18

...and so your response to this is... nothing? DontTreadOnMe Nov 2013 #29

Democrat on a Sunday Talk show? hootinholler Nov 2013 #20

When they start getting campaign donations from Cement companies rather than military & banking ones Myrina Nov 2013 #22

x2 AnotherMcIntosh Nov 2013 #27

no kidding, but the corporations generally call the shots. gopiscrap Nov 2013 #64

An interesting question- is this due to the ending of earmarks in congress? n2doc Nov 2013 #3

I would say Andy823 Nov 2013 #6

It is not just about "being mean," though. If they can prevent Obama from tblue37 Nov 2013 #37

Earmarks have not ended. Without Congress passing a budget for 3 years.... FogerRox Nov 2013 #40

How much is that new NSA facility ctsnowman Nov 2013 #4

k/r marmar Nov 2013 #5

American Jobs Act bhikkhu Nov 2013 #7

That would make too much sense. maddiemom Nov 2013 #25

Too small of a scale. 6% of gdp is 900 billion-22 million jobs FogerRox Nov 2013 #42

Hang on a minute ... econoclast Nov 2013 #8

The chart includes state and local infrastructure spending groundloop Nov 2013 #11

Is it ONLY state and local? econoclast Nov 2013 #13

War L0oniX Nov 2013 #17

War. n/t ChisolmTrailDem Nov 2013 #47

You DO realize that a full THIRD of that $880 billion was..... socialist_n_TN Nov 2013 #60

the chart has a range of Niceguy1 Nov 2013 #62

frittered away on "qualitative easement"? .. . .n/t annabanana Nov 2013 #12

Shouldn't be. QE Is a Federal Reserve thing. econoclast Nov 2013 #14

isn't it what CNBC means when they say "the Stim"? . ..n/t annabanana Nov 2013 #38

Multiplier for QE is about 1.1, for infrastruture its 2.5. FogerRox Nov 2013 #48

Don't we wish! econoclast Nov 2013 #55

.25 is negative, 1.1 is nearly neutral FogerRox Nov 2013 #58

Most of the Stimulus consisted of unemployment benefits and middle class tax cuts. SunSeeker Nov 2013 #16

Ok. So round numbers about 300 billion over 3 years econoclast Nov 2013 #19

Dunno. Not my chart. Not my OP. nt SunSeeker Nov 2013 #36

They never spent it. Or not all of it at any rate. nt Demo_Chris Nov 2013 #61

175 billion was spent on infraststructure, wee wiki. FogerRox Nov 2013 #46

+1 n/t DanM Nov 2013 #67

+1, there is something very wrong with this chart. Festivito Nov 2013 #26

I suspect the stimulus infrastructure investment was not enough to offset state and local cuts. TheKentuckian Nov 2013 #35

Answers to your questions Jim Lane Nov 2013 #50

Thank you. Nicely said. And, I think I was wrong. Stimulus is there. Festivito Nov 2013 #56

At least the choice of dates is legit econoclast Nov 2013 #54

"on structures" mathematic Nov 2013 #30

Thanks for the link! econoclast Nov 2013 #57

Something is amiss in your numbers FogerRox Nov 2013 #43

Started with Bush but has dramatically dropped under Obama. riderinthestorm Nov 2013 #9

Rethugs are supposed to be whizzes at capitalism. "no political will at Fed govt" - uh TeaBaggers UTUSN Nov 2013 #10

A Pentagon spending chart should be right next to that. L0oniX Nov 2013 #15

+ infinity Vashta Nerada Nov 2013 #24

$8b in the most recent year mathematic Nov 2013 #31

Can't account for what's being spent on the NSA or DHS ....it's a secret. L0oniX Nov 2013 #32

More and more I am convinced they are trying to make us a third world country. zeemike Nov 2013 #21

I think it's a push by special interest for privatization of public assets and services Auggie Nov 2013 #28

That's okay. Vashta Nerada Nov 2013 #23

JESUS. And we wonder why growth is so slow in this country. bullwinkle428 Nov 2013 #33

exactly, we used to spend 5-6% of GDP on infrastructure, recently only 1.6%. FogerRox Nov 2013 #44

Contractors and developers must not have been contributing enough to the right politicians. FarCenter Nov 2013 #34

How can government have the resources to stamp out terra from the face of the earth, exert global indepat Nov 2013 #39

Chart scale needs to be adjusted taught_me_patience Nov 2013 #41

Go back to 1960, its down like 250% FogerRox Nov 2013 #45

Since 1992 FogerRox Nov 2013 #49

Fiscal conservatives always do the wrong things at the wrong times Warpy Nov 2013 #51

They spend spend spend and hate taxes. Rex Nov 2013 #53

IF ONLY everyone was talking about it. elleng Nov 2013 #52

Here in Australia, infrastructure spending was a major priority during the GFC. mattclearing Nov 2013 #59

For whatever reason, the "Powers" Enthusiast Nov 2013 #66

you can just see it gopiscrap Nov 2013 #63

TPTB want the economy and the nation in the tank. Enthusiast Nov 2013 #65