KingCondanomation
New member
Bull fucking shit, it is not national income going up that warranted a social welfare bill that has government paying for drugs for seniors, nor for NCLB, nor for war, nor for bailouts and nor for this massive socialist overhaul of the healthcare system.Yes but most of the 50% increase was eaten up by inflation, GDP growth etc... which is why it only pans out to a 1% increase in terms of national income.
If we were actually feeling a 50% increase every decade, we'd need 50% tax increases or 50% cuts every decade, which is clearly absurd. As national income goes up, so does the cost of running the government.
You are pretending that government is just merrily going along funding the same things it always did but just funding them more because of the increase in GDP and population.
They are constantly doing MORE NEW things, and you would have larger spending cuts or tax increases even without those but we are funding so much of it with debt. At some point that debt will be called in, the threat of the scope of what that would do is not going to keep borrowers at bay forever.