Usa Deficit As P-gdp

National government spending 1792-2002 in inflation-adjusted dollars

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National Government Spending in Billions of 2002 Dollars and as Percent of GDP, 1792 to 2002 50

$2,000

40

$1,600

Percent of GDP

Right Scale 30

$1,200

20 Civil War (1861-1865)

World War I (1917-1918)

10

$800

Billions of 2002 dollars

World War II (1941-1945)

$400 War of 1812 (1812-1814)

Left Scale

0

$-

1792 1802 1812 1822 1832 1842 1852 1862 1872 1882 1892 1902 1912 1922 1932 1942 1952 1962 1972 1982 1992 2002 Expenditures (% GDP)

Expenditures (billions 2002 dollars)

Source of current-dollar budget data: Historical Statistics of the United States (1975), series Y 335-338 (yearly data not available for 1789-1791 ), and Budget 2004 Historical Tables, Table 1.1; GDP data prior to 1930 is estim ated, from Econom ic History net, http://w w w .eh.net/hm it/gdp/gdp_answ er.php

http://oregonstate.edu/cla/polisci/faculty-research/sahr/outl1792.htm

26/11/2008