The Graph on this Page . . .

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hit me like a ton of bricks.It clearly shows what happens to the National Debt (as a % of GDP) when different Presidents are in control of the White House. How clear does this have to be?

Now, juxtapose that graph with this chart for Government spending since around 1910. It shows virtually a flat line with huge spikes for WWI and WWII. (The Clinton and Bush years actually show a decrease in spending. I think we have to assume that this is because spending on the war was off-budget.)

As far as I'm concerned, this speaks to the inevitability of a constant baseline for spending. The cause of deficits is inadequate taxing. (The deficits have not yet reached the level that we Reagan/BushI left us with).

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Art
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Jul. 31, 2007 3:01 pm

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The Post-Citizens United Era.

This month marks five years since the United States Supreme Court made their infamous ruling in the case of Citizens United v. FEC. That ruling turned a century of legal precedent on its head with the declaration that corporations have a First Amendment right to spend money in elections. And, that ruling opened the floodgates to massive spending levels in our political process.

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