"This book truly
is a must read."
-- Congressman Ron Paul
U.S. government, on its way to bankruptcy, Part 2
It began with a George W. Bush led government that decided that a few big stimulus packages, a war on Iraq and Afghanistan and a generally more gentle conservatism (meaning mega new safety nets like prescription drugs), not to mention a bailout of the financial industry, were must haves; and it was put into hyper-drive by an Obama administration and a supportive Congress that seem to think that every economic and social issue can be solved by the government.
Indeed, since 2000, government spending has been growing at an annual rate of about 8.5%, more than double the rate seen in the 1990s, and a trend that has taken government spending from about 18% of GDP in 2000 to today’s 26%, an increase of 44%.
