Maybe even as far back as 1929 and the vaunted FDR. Before FDR, federal spending was 4% of GDP. Now, federal spending is 18% and will soon be in the 20’s. The nanny state is in full force and scaring the heck out of business.
The nanny state is in full force and scaring the heck out of business.
Last week on FR, there were articles describing the closing of many retail stores in America. Some named I couldn’t believe were shutting the doors.
Our congress critters are taxing many business’s to their demise!!