No, this is the core of a particular brand of politics: neoliberal politics. Where the financialization of everything is what's most important. There was a time, still in lived memory, where the US government was able to complete many types of projects and it also coincided with the period of lowest economic inequality (the great compression), the expansion of civil rights, and had the highest taxes against the elites this country has ever seen.
Obviously if you hate democracy you'll want to destroy this system, which is what they've been working at for the last 50ish years.
Tax rates are not the same as effective taxes paid, and US taxes as a percent of GDP are at an all time high. This is besides the fact that gdp is many times higher, growing geometrically.
It is an interesting question of what changed in terms of ability to execute, but lack of funding isn't the answer. I suspect it is a combination of scope creep, application to intractable problems, and baumols cost disease at work.
shimman|27 days ago
Obviously if you hate democracy you'll want to destroy this system, which is what they've been working at for the last 50ish years.
s1artibartfast|27 days ago
It is an interesting question of what changed in terms of ability to execute, but lack of funding isn't the answer. I suspect it is a combination of scope creep, application to intractable problems, and baumols cost disease at work.
unknown|27 days ago
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