The premise is apparently that it is appropriate for government spending - which has specific fixed goals and functions - to grow in tandem with GDP.
Nobody has been able to come up with a valid reason for that. What Federal spending would be automatically required to double if GDP doubles? Give it some thought.
It's like saying if my income doubled, I'd be forced to spend twice as much on everything I buy. I might choose to do so, but it would be a choice, and not something inherent in my income growth. Government spends twice as much as they did in the late 80s because they CAN, not because they need to.
Cut the spending.
And would you please edit your graphs so they fit in a reasonable screen width? You do this by entering a number (say, 500) into the "width" box when you're inserting a graph web address. This allows you to control the size by editing the number, and you can tune it with the "preview" function.
Current Events » in reply to P.S. on spending
And?
The whole thread (39 posts)
- U.S. credit rating in danger
- Obama's view of raising the debt ceiling.
- Jesee Christee, WTF?
- Re: danger
- Re: insight
- And now for some true insight into the GOP mentality
- Re: Oh there's a good argument
- It's the spending.
- Busness as usual
- Show me the word "taxes" in my post. (n/t)
- The only rational response to anything is to cut taxes, don't you know?
- *Contented sigh*
- Oh there's a good argument
- Meanwhile, out here in my alternate reality...
- No danger