The CATO Institute's Daniel Mitchell proves, once again, that it's possible to balance the budget in 10 years without raising taxes. How? Simply by reducing the growth in government spending to 2.5% per year.
Read that again: Simply by reducing the growth in spending to 2.5% per year. No one is talking about cutting anything.
As I say, it's really that simple, and always has been so. Simple, but not easy.
It's difficult in large part because the underlying argument is not now and never has been about balancing budgets or fiscal responsibility. The real argument is about the size, scope, and reach of government. The Left wants it ever larger and the Right does not.
It really is that simple.
Monday, August 27, 2012
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment