How It Took 35 Years to Wreck the U.S. Economy
MEDIA CLIPPING
The Fiscal Times
How It Took 35 Years to Wreck the U.S. Economy
This excerpt originally appeared in The Fiscal Times on September 14, 2012.
The chart below put together by my frequent collaborator Veronique de Rugy is, simply put, terrifying. It shows the growth in inflation-adjusted federal outlays per capita. So what you're looking at is a trend line that accounts for population growth and inflation.