Quote:
Originally posted by sebastian_dangerfield
Does it need to be said that cutting taxes while increasing govt spending will not decrease govt spending?
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We may very well be at the point where that needs to be said. Repeatedly. In fact, every legislator proposing (1) a new tax cut (including, for those keeping score, Chuck Schumer and the we-feel-your-gas brigade on the Dem side) and/or (2) increased spending on any government program, including defense, should be forced to state the entire phrase out loud and explain in fifty words or less exactly how his or her proposal will not (1) create more debt and/or (2) increase overall government spending. No credit will be given for the use of the phrase "the Laffer Curve."
