Thursday, April 22, 2010

What drives the long-term budget deficit -- spending increases or falling taxes?

Find the answer over at AEI's online magazine, The American.

3 comments:

shoffy22 said...

Very interesting article! I love the taxes or spending as % of GDP measures.

I wonder what the average tax and spending as a % of GDP values have been over the past 50 years, but just counting years where the budget deficit has been less than 3% of GDP (which I think is a standard goal of keeping deficits at least under 3%GDP). By just focusing on these successful years, the averages could yield good potential goals for the upcoming deficit commission.

鍾FeR_Quade0426 said...

原來這世上能跟你共同領略一個笑話的人竟如此難得........................................

IdellA231_Fecteau1 said...

幸福不是一切,人還有責任。......................................................