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JAN 10, 2022

The U.S. government’s share of Gross Domestic Product declined amid rising inflation in the 1970s

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The U.S. government’s share of Gross Domestic Product declined amid rising inflation in the 1970s

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Prev Austerity policies and tight monetary policies led to repeated recessions during the 1970s
Next Slowing U.S. government social infrastructure spending in the 1970s did not result in falling inflation

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