Comment by s1artibartfast
3 hours ago
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.
Don't forget vetocracy.
Every regulation, whether it's environmental, DEIA or anti-fraud, adds a few steps to each project. With enough regulations and enough steps, things just slow down to a crawl.
As governments and legal systems get older, they get into more and more situations where a bad thing happens, and the politicians must show that they've done something to stop a similar thing from happening again. Nobody can publicly admit that it's fine to letting a 5-year-old kid die once in a while, even if that would be the right call. This results in more and more layers of regulation being added, which nobody has an incentive to remove.