In addition to taxes, now for every dollar the Govt. borrows, a NEGATIVE $.45 is the GDP result. We are past the point of no return. Here is an article and graph in support:
http://www.swarmusa.com/vb4/entry.php/25-THE-Most-Important-Chart-of-the-CENTURY
On older, outdated set of data from 1910 on that has not counted recent borrowings:
Year Gross Debt in Billions [6] as % of GDP
1910 2.6 n/a
1920 25.9 n/a
1930 16.2 n/a
1940 43.0 52.4
1950 257.4 94.1
1960 290.5 56.1
1970 380.9 37.6
1980 909.0 33.3
1990 3,206.3 55.9
2000 5,628.7 58.0
2001 5,769.9 57.4
2002 6,198.4 59.7
2003 6,760.0 62.5
2004 7,354.7 64.0
2005 7,905.3 64.6
2006 8,451.4 64.9
2007 8,950.7 65.5
2008 9,985.8 70.2
2009 (est.) 12,867.5 90.4
2010 (est.) 14,456.3 98.1
2011 (est.) 15,673.9 101.1
2012 (est.) 16,565.7 100.6
2013 (est.) 17,440.2 99.7
2014 (est.) 18,350.0 100.9
In 2014, it will be $18.35 trillion? My suspicion is that Obamacare will never go into effect. I don’t think the federal government is going to survive the next 4 years.