elvis
Rookie
- Sep 15, 2008
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- #121
I'd like to see one of the Tax Increase Advocates explain why it is necessary to increase the absolute dollars the Feds spend by near 30% over a 3 year period. Total Federal Outlays were $2.8T in 2007 - they are projected to be $3.7T this year.
Why? The government claims that inflation is low, interest rates are low, the wars were already baked into the 2007 outlays. What possible economic justification is there for ramping up so much spending so quickly?
It's the Keynesian model on steroids.