Excellent points. If a private sector business consistently increases spending faster than inflation…it will eventually go out of business. With government, it is bigger, moves slower, and is a slower cycle, but the same thing will happen eventually.
Fast Ronny did screw us a bit with his incredulous spending, but he helped the economy at the same time.
I agree with the title…Rendell FTL.
Here is an interesting concept…since government rides on our backs (taking some % of commerce, income, or just taxing property you already own)…they should not be able to increase ANY tax, or introduce ANY new ones, without eliminating some other. Instead, they increase many, and add new ones, every year. That’s why the marginal tax rate is so pathetic, over 50% for the highest earners.