Tuesday, July 12, 2011

Ten Lessons From Federal Spending

Randall Hoven looks at historical data for the federal budget over the last 80 years and has Ten Lessons From Federal Spending.  The first is:

We can survive as a country with a lot less federal spending.

He shows a graph of Federal Government spending as a percentage of the Gross Domestic Product from 1930 to now.  I wish we could go back to when the Federal Government was spending only 5% of the GDP, instead of the 25% now.

The other nine lessons are also worth reading.

Hat tip: Miazagora on Facebook.

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