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Should we really have as a goal the lowest level of federal spending since Eisenhower? [View All]

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dsc Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-10-11 10:43 AM
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Should we really have as a goal the lowest level of federal spending since Eisenhower?
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Edited on Sun Apr-10-11 11:14 AM by dsc
In 1960 we had no Medicare, no medicaid, no civil rights laws, no epa, no department of education, and a whole host of other things. If we reduce our spending to 1960 levels then what are we willing to cut that existed then and exists now if we wish to keep the list I have above. On edit: This is the goal that David Plouffe is touting on the Sunday News Shows.

On further edit

In 1960, the last year Ike was in office, we spent 18.48 percent of GDP on the federal budget. In 2010, we spent 23.82 percent of the GDP on the federal budget. To cut down to Ike levels we would see a massive decrease in spending. Every one percent of GDP is equal to $145 billion so that cut would be $774.3 billion.
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