Saturday, July 09, 2011

It's STILL the Spending, Stupid!

A few days ago, we presented a chart which shows Federal revenues have increased by 300% since 1965, whereas US population has increased ~50% in the same period.

IOW, there's no "tax" problem--because there is not a revenue problem.

What there is is a spending problem.

And the spending problem has to do with too many bloodsuckers on the Federal payroll, who are earning far too much.

Even Gingrich figured this one out.

HT: Cold Fury

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