The real problem of the federal budget is that there's far too much spending. The fact that it's not a balanced budget is a minor concern by comparison.
Those pushing Medicare for All rely on the presumption that it will generate huge administrative efficiencies. But they greatly underestimate the program's real administrative cost.
As the wage-earning population grows smaller as a proportion of the population, get ready for calls for "wealth taxes" which can keep the taxes coming in even as total wage incomes fall.
"Economic development" schemes, like those used to attract big corporate headquarters to one's city, are really just a type of governmental central planning.
