simply LOVE "revisionist history"
especially when the revisionist is the one who originally made it.
Do what we say now, not what we did then.
{is that too far right of a paraphrase...}
The point:
all those tax cuts, not only did NOT reduce spending...
they caused massive tax increases to pay for the additional spending.
R theory: If you cut off the sources of funds...
eventually they will HAVE to cut the spending, on something.
D theory: If you increase spending on what people want...
they will demand that you increase somebodies taxes
to pay for their wants.
Both are far right, and far wrong.
In Vietnam we told the world:
"That it is necessary to destroy the villages, to save them."
Obviously that also applies to countries.
Many now believe that it is necessary to destroy U.S..., in order to save it.
Many others will ask: "But, for whom..., just you?"
------------
Starving the Beast
-------------
Tax Cuts And 'Starving The Beast'
The most pernicious fiscal doctrine in history.
-----------
A New Social Contract, but Which One?
---------
The Bankruptcy Boys
=========
No comments:
Post a Comment