two graphs
Following up on this post from yesterday, on von’s post here, I provide (via Yglesias) yet another graph….
Which does speak to some of the concerns I expressed yesterday. Read this also.
Now, all that being said, I think we really need to find ways to limit spending in the long-term, including means-testing entitlements, and scaling back the military. And we’re going to have to raise taxes in one form or another. Read my lips.