Thomas
Jefferson thought that “the natural progress of things is for liberty
to yield and government to gain ground.” Little in recent history shows
him to have been wrong.
The 2012 election cemented in place higher spending, increased
regulation, and federal control over the health sector. More broadly,
from 1900 to 2012, spending by the federal government rose from less
than 7 percent of the gross domestic product to over 40 percent. As the
population ages and entitlement spending rises, government outlays —
financed by rising taxes, expanding debt, or both — will increase only
further. Under President Obama’s budget, government spending as a share
of the economy would be significantly higher than post–World War II
norms. Even Representative Paul Ryan’s ambitious Roadmap would allow for
a small increase in government outlays.But why?
Read more: http://www.nationalreview.com/articles/333516/does-government-need-grow-andrew-g-biggs
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