> According to the wikipedia, the nominal GDP of the EU for 2012 was
> US$16.584 trillion or $16,584,000,000,000 with 1% being a mere
> $165,840,000,000
Which is only a tiny hint more than the GDP of the USA. But we do it
with around half the population.
Our federal budget is more like 25% of GDP, though. Our states our
pretty much like your countries over there. More spending which totals
around 40% of GDP. I suppose our spending would be less if we weren't
trying to buy governments all around the world.
--
Ken Norton
ken@xxxxxxxxxxx
http://www.zone-10.com
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