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an effort to create searchable online databases for government expenditures
a tool to highlight the hypocrisy of tax hikers
Constitutional or statutory requirement to rein in growth of revenues end expenditures
a commitment made by elected officials and candidates for elected office never to raise taxes
Raising the bar for tax increases
Requiring a cool-off period for all bills with a fiscal impact
pork-barrel spending - the broken windows of the budget
Economists Agree: It's the Spending, Stupid!
Thursday, December 17, 2009 11:47 AM
House GOP Leader John Boehner (R-Ohio) released a list of 222 economists supporting the following statement today:
The country’s economic future depends on Congress’ ability to rein in the growth of federal spending. Failing to restrict spending growth will further balloon the national debt, impede economic growth, and threaten the long-term economic health of our Nation. Controlling spending growth to reverse our dangerous debt accumulation can be done without endangering the near-term economic recovery, and will prove beneficial over the longer horizon.
The 2009 near-term “stimulus” has proven to be an inefficient spur to job creation and does not merit repeating. Any further policy efforts should be focused on opening borders to free trade, cutting burdensome regulations, and providing necessary tax relief to employers and employees.
Sounds logical to us, but of course the House majority had more of the same in mind, when they passed their misguided "jobs bill" last night.
Click here for the list of economists.
Reader Comments:
This is just like when 100s of economists wrote to Hoover telling him NOT to sign the ill-conceived Smoot-Hawley Act. It passed and he signed it anyway. Our politicians will never learn.
Cathy / Your Location
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