Also, reducing spending is even slower than reducing taxes.
The vast majority of government spending is on Medicare, Social Security, Medicaid, and defense spending. Politically those are untouchable, mostly for good reasons - reducing any of them will result in people literally dying.
The vast majority of what's left is hugely impactful high ROI activities like scientific research, infrastructure projects, and other basic good governance activities.
The vast majority of government spending is on Medicare, Social Security, Medicaid, and defense spending. Politically those are untouchable, mostly for good reasons - reducing any of them will result in people literally dying.
The vast majority of what's left is hugely impactful high ROI activities like scientific research, infrastructure projects, and other basic good governance activities.