马先生 (backburner) wrote in thequestionclub,
马先生
backburner
thequestionclub

For any economists out there

Do GDP growth figures subtract deficit spending by the federal government?

In other words, if the Feds spend an extra $427 billion they don't have, it pretty much goes straight into the economy, right? So does that get counted in GDP growth figures?

In other words, since the 2004 economy grew by about $484 billion last year, was all of that PRIVATE growth, or does it include the $427 billion in deficit spending by the Feds? And if that's the case, doesn't that mean the economy actually only grew by 0.5%, discounting direct injections by the Federal government?
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