Yesterday 10:02 am
Government spending was 2% of GDP in 1800.Cannonpointer » Today, 8:34 am » wrote: ↑ I read Madison. You hastily googled a narrative from a narrative spinner.
If you bothered to read the Federalist Papers, you would know that Madison explained the reason for the federal government being funded exclusively by Impost and Excise taxes. It was so that only the wealthy would pay for the federal government's operation, as only the welathy could afford imported and manufactured items. This is during a time when working people wore "home-spuns" and fashioned makeshift plows.
I would say that fixing the system so that the wealthy paid for 100 PERCENT of the federal government's operation while working people paid zero percent constitutes a higher percentage.
What you have googled up is spin. What I have shared ie education. You can keep on believing spin, or you can take my word for it, or you can read the Federalist Papers for yourself - or merely read Madison's contributions. But slathering a layer of narrative at me only makes me roll my eyes.
Do you think Madison had the vision to know that government spending would explode 10,000%?
We are currently at 23-24% of GDP.
Surely you heard New York City has estimated they spent $81,000 on each unhoused person.
Madison is prolly rolling over in his grave saying WTF?