In last night’s presidential debate, Mitt Romney noted that the U.S. is now spending the same percent of its economy on government as Spain – and that he wants to take a different path.
Romney: “I — look, the revenue I get is by more people working, getting higher pay, paying more taxes. That's how we get growth and how we balance the budget. But the idea of taxing people more, putting more people out of work — you'll never get there. You never balance the budget by raising taxes.
“Spain — Spain spends 42 percent of their total economy on government. We're now spending 42 percent of our economy on government.
“I don't want to go down the path to Spain. I want to go down the path of growth that puts Americans to work, with more money coming in because they're working.”
See more "Right Views, Right Now" opinion and analysis.