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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: Hope Praytochange who wrote (62816)3/3/2013 4:33:21 PM
From: greatplains_guy  Read Replies (1) | Respond to of 71588
 
The Sequester Will Be Good for the Economy



The March 1 deadline for the spending sequester has come and gone, and the world did not end. The basis for many of the apocalyptic predictions is the Keynesian claim that spending cuts slow economic growth, and could perhaps even cause a recession. This claim, says Cato scholar Jeffrey A. Miron, is false. “Across all categories, federal expenditure is far greater than necessary to achieve the legitimate goals of government intervention,” says Miron. “The main problem with the sequester is actually that it is too small.”

cato.org