2 ms·
Except your facts don't conflict with the idea that government expansion in the private sector is causing costs to rise. It's may be true that the total share
by someguydave 10y ago
Except your facts don't conflict with the idea that government expansion in the private sector is causing costs to rise.
It's may be true that the total share federal government spending as a share of GDP hasn't changed. I think it's more important to look at the ways government policy has picked winners in the private sector. In other words I regard government intrusion in the market as a cause of inequality you bemoan, not an effect.
Another point: did you read yummyfajita's ancestor post? He writes (quoting Elizabeth Warren): "The Two Income Trap shows that income rose 75%. Mortgage expenses rose 70% (for a 66% bigger house [1]), two cars cost 55% more than 1 car, health insurance cost 60% more, etc. In fact, the main expense that rose faster than income was taxes (140%) - everything else rose more slowly."
[1]https://www.nar.realtor/RMODaily.nsf/pages/News2007032701?OpenDocument https://www.nar.realtor/RMODaily.nsf/pages/News2007032701?Op...