CHART OF THE DAY: Thank God For Government Spending

08/01.2009 • The Business Insider

Without Uncle Sam, the economy looks way worse.. Today's better-than-expected -1% GDP was tempered, somewhat, by the staggering 11% spike in Federal Government spending (hello stimulus!). Today's chart looks back at the Y/Y GDP change with the same number sans government spending. As you can see from the divergence, the government boost provides a big help.