What we NEED is.. 1. Smaller government 2. Most broadly based, lowest percentage tax structure. What we'll GET is... 1. MORE government.. 2. More and higher taxes
I would really encourage you to check your facts again. 50% of our GDP is NOT Government spending. If you want to prove me wrong, please find a government site that supports your claim. I guarantee you won't find anything at that level. Government as a percentage of our GDP is no more than 10%, and that would be at most.
I saw a graph that showed 50%. Maybe its not 50%. 10% is a joke, though. The Federal Budget alone is 3Trillion. That's 21% of GDP, right there. Now add State and Local.
http://www.usgovernmentspending.com/us_20th_century_chart.html This says 45% if you combine federal, state and local
Thanks, guys. Seems those charts include Federal, State and Local expenditures + regulatory compliance in the last one. ~45% Government spending ++ How is this any different then serfdom? Where Lords took 50% of their subjects labor?