"The answer is obvious. Federal nondefense spending rose at a 39.7% annual rate. Big government spending can and does grow big government."
"John Maynard Keynes' was correct in his theory that in order for government "deficit" spending to be effective, the 'payback' from investments being made through debt must yield a higher rate of return than the debt used to fund it."
"As this money is used for servicing debt, entitlements, and welfare, instead of productive endeavors, there is no question that high debt-to-GDP ratios reduce economic prosperity over time. In turn, the Government tries to fix the 'economic problem' by adding on more 'debt'."