The GOP’s Apostasy And The Demise Of Sound Economics, Part 2

Between the year 2000 and 2021, Federal outlays grew from $1.9 trillion to $7.2 trillion or by 6.5% per annum. That figure was far higher than the 4.0% per year growth of GDP during the same 21-year period. Consequently, Federal outlays soared from 18.6% of GDP in 2000 to 30.7% in 2021. The ghosts of […]
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