Yes, they certainly do.
What they love most of all, as do the Democrats, is power.
As clearly demonstrated by the Billion dollar bailouts in Obamacare replacement plans.. And a Trillion dollars of shovel ready jobs with fancy signs. Aka.. Union bailout bill. They will shovel money into particular states and call it stimulus.. sounds swampy to me.
Just like the nor Cal dam failure because Stimulus is only given to rat areas.
Not impressed by deficit debates: eliminate deficits by... just borrowing more money!
That’s been DC’s solution for years.
“Paying” for tax cuts with borrowing is slightly better than paying for subsidies with borrowing. Assuming stimulus is desired.
No such thing. Tax revenues skyrocket when the economy is going gangbusters. The best way to get the economy going is with tax rate cuts. Tax cuts begat large revenue increases.
Put it in the wrong place...and you wind up with socialism.
The author misses an important point here. Massive deficits will never be a problem as long as the U.S. Treasury can sell bonds at minuscule interest rates. I’m surprised anyone is willing to lend Uncle Sam money at these rates.
Spending cuts are more important than tax cuts. Making the government more efficient is the most important budget issue of them all. It helps in so many ways:
It lowers corruption.
It increases very skilled workers back into the regular economy.
It lowers the debt.
It increases the economy.
It lowers taxes.
It increases productivity.
And it lowers interest rates.