Taxes versus spending: Something to think about

Deroy Murdock on Friedman Day on National Review Online: “”

Taxes are one thing, spending is another. I think an interesting trend is how spending immediatley climbed after Clinton was elected in ’92, but then dropped when Bush was elected in ’00. However, Bush and the Congress could not resist “thanking” voters by spending more immediately between ’04 and ’05. I know inflation, the global markets, etc. have something to do with this, but nonetheless, very interesting to the average taxpayer. I’ll have more insight when I finish reading Thomas Sowell.

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