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No, both the inflation adjusted revenue (receipts) and spending (outlays) of the Federal government have been constantly increasing — the latter unfortunately m
by bhupy 6y ago
No, both the inflation adjusted revenue (receipts) and spending (outlays) of the Federal government have been constantly increasing — the latter unfortunately more rapidly than the former: https://www.taxpolicycenter.org/statistics/federal-receipt-and-outlay-summary https://www.taxpolicycenter.org/statistics/federal-receipt-a...
Another example, inflation adjusted per-pupil education expenditure has seen a constant increase over time: https://nces.ed.gov/programs/digest/d19/tables/dt19_236.55.asp?current=yes https://nces.ed.gov/programs/digest/d19/tables/dt19_236.55.a...