> I wonder what happened in 1981, impossible to say. Total federal income was flat after the early 80's recession, then grew by 60%+ over the next decade, desp

> I wonder what happened in 1981, impossible to say. Total federal income was flat after the early 80's recession, then grew by 60%+ over the next decade, despite the Reagan tax cuts, increasing $400B. https://fred.stlouisfed.org/series/FYFR https://fred.stlouisfed.org/series/FYFR Federal spending continued to grow. That's what happened.