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comment by hootsbox
hootsbox  ·  4828 days ago  ·  link  ·    ·  parent  ·  post: Debunking the Bunk
Dear Skorgu,

Maybe we should also look at slowing the rate of government expansion and spending as well. Does this mean we can spend like drunken sailors, with little restraint and the baseline budgeting process (which is insane) and it will be OK? We can get on the spending carousel with long debates about how to control government spending, but overall, the federal government is inept at spending wisely and with fiscal responsibility. For instance, the CBO forecasted Medicare expenses to grow by 9 billiion by 1990 (in real 1965 dollars). However, it grew by 67 billion (only a slight miscalculation of 7 times). They have mis-forecast almost everyting in th last 55 years. I just don't quite trust the feds (and many states too) in handling, as good stewards, the public largess.