And by the way, the way normally these spending reductions occur, they occur in the out years when there's the probability that they'll never be actually realized. Now In more serious times during World War II, spending increased 578%. Okay, 10 times that amount. But within seven years, the start of World War II, we were back down to a lower spending level. As a percentage of GDP, it had been, I think 11.7%. (01:20–01:28)
CLAIM
Asserts that U.S. spending increased by 578% during World War II.
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