I haven’t posted many political things recently since I tend to fall into the camp that prefers “sanity” in my political discourse and there seems to be precious little of that in most discussions…
Nevertheless, I just read in this CNN article what I’d consider to be a nice Moment Of Clarity. As such—expect it to be ignored uniformly.
Here it is from David Stockman:
[W]e are collecting less than 15% of GDP in taxes, the lowest since 1950, and spending 24% of GDP.
We’ve got to move in both directions—no two ways around it.