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To: 2ndDivisionVet
As always, the liberals never state what percentage of the GDP that they want to set the bar at for federal expenses. The present ‘budget’ which is really a continuing resolution consumes a full quarter of the gross domestic product of the United States. Compare this with previous years, and it is insanely huge - a full seven percent more of the economy is being consumed by the federal government today than it did during the high tax watermark of the Clinton years.

They want to talk about rolling back to FY2000 percentage of GDP for the federal budget? I'm all for it. But they don't... The constant whine is that the rich keep getting richer.

Well, yes, stupid, they do. If I have a million dollars in the bank and invest only 100k of it during a year, even if you set capital gains at 100%, I'm still going to have a million dollars at the end of the year. But if there's little to no capital gains tax, there's more incentive for me to risk my money to try to make more. Either way, I'm still going to be the ‘rich getting richer’, but one way, you collapse investment, the other you expand it.

Time for these liberals to pony up a number. What percentage of the GDP should the federal government consume...?

We're waiting.

13 posted on 07/28/2011 1:01:06 PM PDT by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: kingu
Time for these liberals to pony up a number. What percentage of the GDP should the federal government consume...?

Do I hear "2"?

18 posted on 07/28/2011 2:07:20 PM PDT by Still Thinking (Freedom is NOT a loophole!)
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To: kingu

We don’ give uh F whether we gits nuthin or not so long as YOU gettin screwed, mr woodypecker.


24 posted on 07/28/2011 2:54:47 PM PDT by ichabod1 (Nuts; A house divided against itself cannot stand.)
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