“Balanced Budgets”: One of the Most Fraudulent Notions In Economics
“Balanced budgets” have nothing to do with limited government. Neither does a budget surplus. As with most notions crafted by economists and the budgetary scolds they’ve long enabled, the notion of balanced budgets as inhibitors of big government is a massive fraud. Yet the idea persists. See a recent Wall Street Journal news account about how we […]
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