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Government Contributions To GDP Since 1965

Sam RoSep 28, 2013, 17:07 IST

People generally assume that when a democrat occupies the Oval Office, government gets bigger and government spending becomes key to GDP growth.

However, that has just not been the case with President Obama.

Here's an interesting chart from Chicago Fed President Charles Evans.

It shows how the government contributed to GDP growth in every quarter since 1965. Notice the far right.

Federal Reserve Bank of Chicago