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Bruce Bartlett, continuing to get it.
Quote:
Originally posted by Atticus Grinch
Can we get a ruling on this from the GOP side? I'm sure the answer is that we'll outgrow the shortfall because of all the really cool growth that's gonna happen....
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That can't be the answer to DeLong's point, because his point is that if you keep spending money, someone's going to have to pay for it. You're hypothesizing that the GOP answer is that we don't have to raise taxes because current rates will eventually be enough. Even so, someone in the future is paying for Bush spending today.
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“It was fortunate that so few men acted according to moral principle, because it was so easy to get principles wrong, and a determined person acting on mistaken principles could really do some damage." - Larissa MacFarquhar
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