Nov 5, 2011

(+5) Federal spending should not exceed 20% of GDP




Reasons to agree:


  1. Because we are in debt we must examine all expenses and ask "Is this program so critical that it is worth borrowing money to pay for it?"

  2. 20% of GDP is near the tax revenue our economy generates when healthy. 

  3. In 2010 federal spending accounted for 24.3% of federal spending. 

  4. The federal government should not spend more on social programs than the states. 

  5.  We can cut 1/2 of a trillion dollars from the 2016 federal budget.  






























    # of reasons to agree: 5





    # of reasons to disagree: -0




    # of reasons to agree with reasons to agree: 0




    # of reasons to agree with reasons to disagree: -0




    Total Idea Score: 5









    Don't like the score? It is easy to change the score. Just post a reason to agree or disagree with the overall idea, or any of the reasons and the score will change









    1 comment:

    1. "In 2010 federal spending accounted for 24.3% of federal spending." This sentence makes no sense. It should read, "In 2010 federal spending accounted for 24.3% of the GDP."

      ReplyDelete