Liberals frequently like to point out that, no matter the meanderings of the government on tax and spending policy, government expenditures as a percentage of Gross Domestic Product (GDP) have remained fairly constant across the years. This, they argue, means that all-in-all government is not growing too large. Here is an example of the graph they like to point to.
It’s a seductive argument accepted by many in academia. It is also one with which I strongly disagree. The details of this disagreement can be very useful in dissuading liberals of their wrongheaded beliefs.
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