https://issuesinsights.com/2024/01/09/the-tax-and-command-party/
In the sphere of Democratic Party politics, taxes can never be high enough and government never big enough.
White House press secretary Karine Jean-Pierre drove home this sad fact with a sledge hammer last week when she said “Republican tax cuts are responsible for about 90%” of the federal debt that has reached a record $34 trillion, and is larger than the entire U.S. economy, which is not quite $27 trillion.
It is insane to believe this. But Democrats cling to the narrative with the same fanaticism that drove Karl Marx. Of the obvious connection, we will say no more – for the moment.
No government has ever had a revenue problem. Deficits are the product overspending. Yes, it’s that simple. Families know this. Businesses know this. Yet somehow policymakers – from both parties, unfortunately – refuse to operate under this fundamental truth. Freely and irresponsibly spending other people’s money is deeply ingrained within them.
This is especially true in Washington, where spending has with rare exception exceeded revenues for more than a half century. From 1968 to 2019, federal outlays averaged 20.3% of GDP. Projections indicate that by 2050, it will surpass 30% of GDP.
As the government grows, the private sector must shrink, at least in proportion to the entire economy. Where does it end? Do the Democrats have a point at which they say “enough”? Some might. But the trajectory of the party is a clear indication that most prefer a country in which government, not the private sector, dominates economic and social life.