Saturday, February 13, 2021

Out Of Control

Mark Levin, in Plunder and Deceit, points out that the out-of-control federal spending is now reaching so mucy of the GDP, that it will become unsustainable as workers can no longer pay enough payroll taxes to support the welfare state--Page 29: "In order to pay for these balooning expenditures, CBO forecasts that payroll taxes will grow significantly over the same period, yet another enormous weight dropped on the heads of the rising generaiton. Not only is federal spending out of control, it is also inefficient and poorly monitored."

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