Leftist pointy headed elitist psuedo intellectualism mostly.
In 1984 36 task forces and their sub groups lead by 161 of the nations best CEO’s studied the Federal Government for months and concluded that as much as one -third of the Federal Budget consisted of waste, fraud and abuse. Congress of course took no action on the Grace Commission report and its predictions of more than $13Trillion in national debt have now come true
The elimination of waste is never bad economic policy. A government that lives within its means and intrudes on private sector actions as little as possible would be nourishing to enterprise not destructive of it.
Low taxes and low regulation stimulate productive economic activity (and “jobs”) by increasing private investment. (Investment not “consumer demand” creates growth; e.g. Apple Ipad and Iphone had to be created before anyone bought one)
Government debt is nothing more than a hidden tax, another parasitic burden on the national economy.
Bleating hearts of desparate leftists are inventing focus group tested “scenarios” to try and justify their failed status quo. The nation knows they are frauds, only our failed institutions, leftist dominated government and a corrupt and ignorant media establishment continue to manuever to retain power behind stupid theories and empty rhetoric.
Can't be repeated often enough. I just heard some moron CNN economics reporter on the radio this morning demanding more demand.