Even John Fund is getting it:
The federal government is now an astounding 185 times as big in real terms as it was a century ago. A general sense that Republicans have forgotten why they were sent to Washington is a big reason why only 43% of Republicans approve of Congress in this month's Fox News poll. If Republicans can't better explain how they plan to get a grip on spending, many voters will conclude they both deserve and need a time-out from power.
The more salient figure is one I won't tire of repeating. US GNP grew 27 percent from 2000 to 2004. The government's total estimated fiscal exposure (total of public debt plus military and civilian pensions, social security and medicare obligations and other), according to GAO, increased in the same period by 212 percent. The debt to be paid by the next generation went from $20 trillion to $43 trillion. This we are required to call fiscal conservatism. It is, in fact, complete insanity. When people say the Democrats would be worse, my only response is: how much worse could you get?
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