CBO Projection: US Deficit Tops $1 Trillion Two Years Ahead of Schedule

Prior to the 2016 election, Ryan McMaken noted that history shows the fastest way to increase government spending is to vote Republican:

[F]or decades, we’ve been told that a vote for the GOP  is a vote for “smaller government.” This is repeated both by Republicans, who say it like it’s a good thing, and by Democrats who still seem to think that the GOP is committed to cutting grandma’s safety net.

How the 1960’s Made Everything Worse

Fifty years separate us, now, from 1968 and the two momentous legacies of the then soon to ending failed presidency of Lyndon Johnson: The declaring of war on America’s supposed domestic ills in the form of the “Great Society” programs, and the aggressive military intervention in a real war in Vietnam. Both of these “wars” reflected the arrogance and hubris of the social engineer who believes that he has the power and ability to remake and direct society in his own preferred image.

Why Big Government, Big Banks, and Big Tech All Hate Cash

Big government, big banks, and big tech are now all on the same side in the war against cash. Government — we all know about already. Big banks — they do not want to see the users of cash in retail transactions (for goods and services) getting keener prices than the users of their electronic payment systems. They use their oligopoly power to suppress as far as possible any such differential emerging (as would be the case in a free market) and so expand the market for their plastic alternative.