Deficits are Bad, but the Real Problem is Spending

by on December 29, 2009 · 3 comments

I was reminiscing last night with my Cato Institute colleague Dan Mitchell about a favorite TLF post of mine: the Persuade-o-Meter. Woo! I slay me!

Dan is very excited about the blue curtain that Santa Claus brought him for Christmas. It matches the ties of his two favorite recent presidents. And he made this video to show it off.

SHARE: 3 comments

About Jim Harper

Jim Harper is the Director of Information Policy Studies at The Cato Institute, the Editor of Web-based privacy think-tank Privacilla.org, and the Webmaster of WashingtonWatch.com. A Poli Sci major at the University of California at Santa Barbara, Jim served as Editor-in-Chief of the Hastings Constitutional Law Quarterly in his final year at Hastings College of the Law. Prior to becoming a policy analyst and advocate, Jim served as counsel to committees in both the U.S. House and Senate. He avoids genuine life experience by watching lots and lots of reality TV.

Read more articles by Jim Harper.

  • http://srynas.blogspot.com/ Steve R.

    Good post. I have to observations concerning the video. One, it did not do a good job of linking deficit spending with inflation. Two, we need to view taxes as a cost-of-doing-business. Taxes are not just a black hole that fail to provide economic stimulus, they do. We need taxes to pay for certain fundamental infrastructure such as defense, roads, community infrastructure, etc. However, I will also acknowledge that taxes used for subsidies or transference of wealth should be eliminated.

    What has bothered me with many of those demanding that government spending be reduced never seem to actually disclose what government programs should be reduced and/or eliminated. I have a short write-up: Fiscal Responsiblity? Your Kidding.

  • kennediesmith

    Whenever I see Bush I get remember the incident of shoes when a journalist thrown shoes on him. It was quite socking but also little bit funny..
    Camping food

  • kennediesmith

    Whenever I see Bush I get remember the incident of shoes when a journalist thrown shoes on him. It was quite socking but also little bit funny..
    Camping food

Previous post:

Next post: