Monday, July 18, 2011

Why Cut, Cap and Balance is DOA

This chart, by the Center for American Progress, shows that we're in a very different country from the one where government spending was at 18% of GDP. It also demonstrates why we can't go back to fifty years ago: different country, diffferent needs. The CCB plan would lock us into being something that we haven't been for a really long time.

(via Ezra Klein)

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