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Culture Wars Era - is it moving into its final phase?
#54
(01-22-2017, 10:25 PM)Warren Dew Wrote:
(01-22-2017, 04:37 AM)Galen Wrote: ...  The real problem with the tax cuts is there is no corresponding reduction in spending which is a problem both major parties have.

While there hasn't been a reduction in spending in absolute terms, any increase in spending pretty much stopped in its tracks after the Republicans took control of the House in 2010.  That allowed spending to decline as a percentage of GDP from 25% to 22% in the six years since.  Granted that's still way too high.

There is a correlation between spending restraint and Republican control of the House.  There isn't any visible correlation with control of the Senate or the Presidency.

Nice selective reading there.  The outlays rose to their high against GDP when the GDP dropped in the Great Recession.  Here's a chart:

[Image: Total_Revenues_and_Outlays_as_Percent_GDP_2013.png]
Intelligence is not knowledge and knowledge is not wisdom, but they all play well together.
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RE: Culture Wars Era - is it moving into its final phase? - by David Horn - 01-23-2017, 03:43 PM

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