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To: dirtboy
The amount the government takes, IMO, is less important than what the government spends.

Precisely why Dr. Walter Williams has advocated a constitutional SPENDING CAP as expressed by percentage of GNP.

108 posted on 04/25/2005 7:35:15 AM PDT by Protagoras (Christ is risen.)
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To: Protagoras
I oppose that plan simply because we have a huge problem accurately measuring GNP, and the same people that are spending too much money will be the one's deciding how we measure it.

I think we need a plan that forces us to cover not only all expenses, but not less than 5% of the national debt annually, with the 5% a constant dollar figure rather than one which is reduced as the debt is reduced. I would maintain that figure for not less than 10-years.
150 posted on 04/25/2005 10:00:02 AM PDT by sharktrager (The masses will trade liberty for a more quiet life.)
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