Looking at the Federal Budget with 538.com

Read this short history and dissection of the federal budget from fivethirtyeight.com.  The big takeaway is that interest payments as a percent of GDP have held steady because interest rates on debt have steadily declined for over two decades.  We also consistently run manageable deficits and have had consistently moderate levels of taxation.  A sane, completely obvious conclusion is that “The argument that the US is taxed to death is wrong. On a percent of GDP basis the US is taxed at moderate rates.”  Nate Silver is clearly a frog-loving Communist who doesn’t like the freedoms that are constantly being taken away.

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