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Politics : American Presidential Politics and foreign affairs
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To: TimF who wrote (43340)5/21/2010 12:10:43 PM
From: DuckTapeSunroof  Read Replies (1) of 71588
 
Re: "The relevant point is if those increases where smaller than they would have been without the tax cuts. Of course answers to that question are at least mostly speculation."

Clearly there was no effective restraint upon the growth of government at all... considering that the politician simply BORROWED whatever funds they wanted and continued to grow the government and spend.

(Modern history proves that tax rate cuts exert no restraint whatsoever upon government spending --- so long as the back-door' of federal borrowing remains wide open.)

There is no 'free lunch'.

There is no magic and 'painless' way to restrain government spending. You simply have to actually REDUCE borrowing and spending if that is the result you desire.
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