“Out of Control Government” actually shrinking?

March 1, 2012
By David M. F. Schankula

Heard the one about the “out-of-control government” exploding in size and pushing its fascist tentacles into every corner of your lives?

Apparently… kind of exaggerated.

The Center on Budget and Policy Priorities:

If we continue current policies, federal expenditures outside of interest payments on the debt are projected to decline in the decade ahead as the economy recovers. In fact, these expenditures (which analysts call “primary outlays”) have already fallen from 23.9 percent of GDP in 2009 — at the bottom of the recession — to a projected 22.0 percent of GDP in the current year, 2012.  They are projected to fall further, to 20 percent of GDP or lower in the latter part of this decade.

Here’s a picture:

Read on…

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