Monday, July 25, 2011

None So Blind As Those Who Don't Want to See

TOTAL GOVERNMENT SPENDING AS A PERCENT OF GDP




Can anyone look at this chart and seriously say this trend is sustainable? Nothing to worry about?
Yes. Washington and state capitals are full of politicians who can. But, then, these are the same people who looked at this chart in 2007 and said, "Nothing to worry about here."

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