Do you think that the government is spending money faster and faster? It is.
I was browsing the budget's historical tables yesterday when I realized that it took 16 years for the federal government to go from spending $1 trillion a year to spending $2 trillion a year (that's 28 years, if you look at the data in real dollars). It only took seven years for the federal government to go from spending $2 trillion to spending $3 trillion (that's six years in real dollars).
No comments:
Post a Comment