With the exception of three years, post-WWII outlays didn't crack the 20 percent mark until the 70s. It was below 20 percent from 1997 through 2007, with the exception of 2006, and during the great surplus years, it was as low as 18.2.
Right now it's at about 24 percent.
By your theory, according to this chart, we should be rolling in prosperity right now, and the 90s should have sucked.
In 2009 spending kicked up around $600 billion, and stuck there. If we were spending right now what we were in 2000, in constant dollars, with the 2012 Bush-rate tax receipts, we'd actually be in surplus.
"It's the spending, stupid," and all the Democrats combined telling us we don't have a spending or deficit problem aren't going to change that reality.
I note that the point I made, that it makes no sense for welfare spending to track prosperity, went right over your head.
Current Events » in reply to "in a working society"
Reality.
The whole thread (15 posts)
- What's driving growth in government spending