The GOP's Manana Syndrome---Cut Taxes Now, Spending Reductions (Very) Later

Anyway, he said, deficits are a product of too much spending. "We spent too much, I absolutely agree," Kudlow said. "Down the road of course we'd like to slim that down as much as possible." This is the way it always is with Republicans: tax cuts now, spending reductions later.

 

 

https://reason.com/blog/2018/09/21/trillion-deficits-debt-republicans-trump

 

 

David Stockman's Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s personally curated insights and analysis from leading contrarian thinkers.