The state of New Jersey has doubled state spending since 1998. And for what, exactly?
Civilization, krazen. Preventing deaths of poors, etc. Generally speaking more government spending is a good thing both for quality of life and the economy. And less is worse. You need to change your thinking - government spending is GOOD, not bad.
As for the original question, obviously a very large tax increase upon the elite controllers is in order. But by the same token running a large deficit right now is appropriate to the depression conditions caused by the Republicans.
I would favor a 70% top tax rate, but with spending increases to that next year's deficit was somewhat greater than this years.
