Let's Limit Spending . . .

Started by redcliffsw, February 07, 2018, 05:38:38 AM

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redcliffsw


Tax revenue is not our problem. The federal government has collected nearly 20 percent of the nation's gross domestic product almost every year since 1960. Federal spending has exceeded 20 percent of the GDP for most of that period. Because federal spending is the problem, that's where our focus should be. Cutting spending is politically challenging. Every spending constituency sees what it gets from government as vital, whether it be Social Security, Medicare and Medicaid recipients or farmers, poor people, educators or the military. It's easy for members of Congress to say yes to these spending constituencies, because whether it's Democrats or Republicans in control, they don't face a hard and fast bottom line.
-Walter E. Williams

Read on:
https://www.lewrockwell.com/2018/02/walter-e-williams/lets-limit-spending/


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