Deficits Are A Symptom. The Problem Is Spending.
Do deficits matter? The Obama Administration has been in something of a quandary lately as to whether to primarily emphasize its plans to spend more taxpayer money as “stimulus” or to paint itself as fighting against deficits. The former has the advantage of looking like the White House is doing – or trying against GOP opposition to do – something about the economy and its | Read More »
Leviathan: A Little History
Time for some hard numbers to follow on this post discussing “fiscal conservatism” and provide some historical perspective on the GOP’s successes and failures in controlling taxes and spending. The bottom line here is pretty much what you’d expect: Republicans have had better luck cutting taxes than spending; a GOP Congress and specifically a GOP House is more important to fiscal discipline even than a | Read More »