Balanced Budget

Neither Balanced Budgets Nor ‘Starve the Beast’ Will Limit Government

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Balancing the budget will never, ever shrink the federal government opposite what the experts at Cato, Mercatus, and other right-of-center think tanks tell you. The reason why can yet again be found in national debt of $39 trillion. The debt is a loud, market signal that government revenues in the future will make those […]

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“Balanced Budgets”: One of the Most Fraudulent Notions In Economics

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“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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