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- #421
Specious reasoning. A valid analysis would show the growth in absolute dollars. The goal is not to increase the size of government relative to GDP - but to grow GDP so that the proper functions of government can be funded while being less of a burden on the overall economy.
You're looking at it all wrong.
Tax revenues as a percent of GDP shows how much the government has to produce in order to generate the funding of the government. That it became harder for the country's production - aka GDP - to generate tax revenues AFTER the tax cuts cited PROVES that the conservative theory that lowering taxes generates more revenue is baloney.
"...how much the government has to produce..."
OMG.