The Bush Deficit in Revenues

In 1962, US federal government spending amounted to 18.8% of GDP; 2001, 18.5%; 2004, 19.8% . . . 24 of the last 40 years the government has spent more than 20% of GDP so a reduction seems OK. Now the real news . . . in 2000 federal revenues were 19.8% of GDP (between 1962 and 2002, only once have federal revenues fallen below 17% of GDP, yet in 2003 revenues were 16.3% and 2004 equaled 16.4. Now one could say that's a good thing . . . taxes are lower and government is forced to do more with less but unfortunately that's not what government is good at and today, everyone in America wants more from their government than ever before . . . hence big deficits and there's no way to grow our way out them.