> How do you square that with the fact that spending as a percentage of GDP is only slightly elevated compared to the historical average...?
Why should it scale linearly with GDP? I can see an argument that it should scale linearly with population (maybe), but if GDP per capita increases, you could also expect better tech/productivity to allow gov spending per capita to decrease.
> What do you think should be cut, and how?
Given the complexity in the details, I don't think a 'serious discussion' about this is even possible in this forum. But if the question is 'do you think an effort should be made to look for things to cut', I'd say 'yes, of course.'
> Why shouldn't the health insurance industry be the first item on the chopping block?
Absolutely, it should be looked at! I don't think it's a trivial problem to solve, but as RFK was confirmed as the secretary of HHS we should expect a lot of scrutiny on big pharma and insurers.
> Why shouldn't corporations .. be paying their fair share to keep the national debt in check?
By definition of 'fair', they should. But again, tax receipts falling as a % of GDP isn't evidence that they're not.
Why should it scale linearly with GDP? I can see an argument that it should scale linearly with population (maybe), but if GDP per capita increases, you could also expect better tech/productivity to allow gov spending per capita to decrease.
> What do you think should be cut, and how?
Given the complexity in the details, I don't think a 'serious discussion' about this is even possible in this forum. But if the question is 'do you think an effort should be made to look for things to cut', I'd say 'yes, of course.'
> Why shouldn't the health insurance industry be the first item on the chopping block?
Absolutely, it should be looked at! I don't think it's a trivial problem to solve, but as RFK was confirmed as the secretary of HHS we should expect a lot of scrutiny on big pharma and insurers.
> Why shouldn't corporations .. be paying their fair share to keep the national debt in check?
By definition of 'fair', they should. But again, tax receipts falling as a % of GDP isn't evidence that they're not.