The spending hammer drops

A nice read here on overall government spending as a percentage of GDP. Circumstances are always unique to the times in which they occur, which makes the Obama Administration’s seemingly endless penchant for new government entities all the more unsustainable.

Driving to work the other day, your humble correspondent saw a bumper sticker which read: “No society has ever taxed its way into prosperity.”

Given the looming unsustainable burdens of Social Security, Medicare, public pensions, the national debt, and those two never-ending forays overseas, it’d be nice if someone actually thought proactively to free up business capital instead of creating new agencies, burdensome regulations, and whatnot.

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