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There is a point of Peak Government, represented by spending as a percentage of GDP, past which no government can exist for a prolonged period of time.
We'll see
In his '64 Goldwater speech, Reagan said it was a third.
And we are so far past that point...
The ideal is probably less than 2%
In the states since 1990, GDP has risen by 75% while federal spending has risen by 300% and entitlements specifically by 500%. This all has to collapse at some point. It cannot continue indefinitely.
It can't even hold where it currently is. It must decrease.
I agree. The federal government is beyond that point, as evidenced by its ever-increasing debt.
www.oftwominds.com/blogoct13/peak-government10-13.html
www.oftwominds.com/blogoct13/peak-entitlements10-13.html
Show of Hands
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