Monday, April 25, 2011

Scary graph shows the abominable growth of gov't

That's how much the U.S. government spends, in inflation-adjusted dollars, per capita. Which means it's adjusted for both inflation and population increase. And note that that graph has a logarithmic scale.

A hundred years ago, federal spending for each person was the equivalent of $200 in today's dollars. After FDR, with all of his massive public spending, it was $1,000. This year, it's over $12,000. How long can this continue?

http://wendymcelroy.com/news.php?extend.3908
http://wmbriggs.com/blog/?p=3760

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