1. Government expenditure and investment have grown annually by 4.08% since July 2022, while the underlying economy has grown at a pace of 2.78%. This has led to an inflated Real GDP growth rate of 2.98%. 2. When government spending was reduced from October 2009 to January 2014, Real Private GDP outperformed Real GDP significantly. 3. The article discusses the impact of government spending on the overall economic growth and GDP figures.
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