Look at the rate of increase that Federal Govt spending took starting in 2009:
It is bad enough that spending, percentage wise, rose 52% in 8 years. Let me put it this way: I don’t know about you, but my family income is sufficient to pay for my family’s needs (and some wants) but is insufficient to fund all the “good” ideas that politicians believe are “necessary and good for us all” right now. Do you think that your family income, in 10 years, will be that much better to pay for your family AND for $44K of Federal spending?
And that doesn’t include local, county, or State taxes. As Glen Reynolds at Instapundit is famous for saying: something that can’t go on forever, won’t.
(H/T: Powerline)
