Here are the numbers (again):
In Bush's first 4 years the average receipts were $1.88 trillion, and the average outlays were $2.08 trillion -- very nearly in balance.
In Obama's first 4 years the average receipts will be $2.27 trillion, and the average outlays will be a staggering $3.63 trillion.
Thus revenues will have increased by 21% over 8 years - not bad at all, especially given low inflation.
However, SPENDING will have increased by an absolutely astounding 74%, and with no end in sight (which is equally as incredible).
http://www.whitehouse.gov/sites/defa...s/hist01z1.xls
In the face of these FACTS, there simply cannot be any reasonable argument whatsoever that we have a tax revenue problem; that is simply a lie. What the numbers clearly demonstrate is an absolute explosion in federal spending of unparalleled proportion! There is no debating the numbers or the obvious conclusion.
Furthermore, the oft heard argument made by you and others always relates to revenues as a percent of GDP instead of focusing on the absolute numbers. This is a false argument; it presupposes that government is somehow entitled to grow in proportion to the GDP --- poppycock! Government should be more of a fixed cost (drain) and it should not grow and expect to be funded by some predisposed percentage of GDP. Frankly, the economy can grow on its own (if we reduce government interference) and as a result the size of government will shrink in relation thereto, and thus the revenues necessary to fund government, as a percent of GDP, will shrink by default. Hell, that should be our goal -- get government and tax revenues to 10% of GDP; you would see an explosion in growth, which in turn would throw off enough revenues to not only balance budgets but pay down the debt.
Instead, many would rather continue to grow government at a staggering pace which will only result in the stifling of growth and innovation, at which point there will be no way out.
Happy New Year.