This wiuld be true if spending did not increase to consume all new revenues.
Sounds like a good idea to me.
We should also budget nonsense that the baseline always increases every year.
I thought we were gonna get to talk about the B-61 thermonuclear gravity bombs stationed in Turkey that President Trump has control over. Damn liberal terminology
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Get this: According to former Senate budget expert Mike Solon, an economy growing at 3.1 percent per year would generate $4.5 trillion more revenues than an economy growing at 1.8 percent. $4.5 trillion. Now that’s a pay-for.
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But then workers start to get pay raises, and for decades crooked politicians using the Federal Reserve have portrayed that as the worst possible thing that can happen in the Universe (they falsely portray wage increases as the cause of inflation). This gives the excuse for the Fed to invert the yield curve with artificial hikes in short terms rates, which is pretty much guaranteed to cause a recession with the drop in revenues that entails.
So until this crime against the productive citizenry is corrected, Kudlow’s growth ideas won’t work.
Use the NO or whatever it takes. Put all Trump’s people in Office ASAP. Put all policies into actipon, ASAP. I doubt the courts will fight him once all the positions are filled.
Mike Enzi is not strong enough to push this through, in my opinion. I don’t know who is....Rand Paul, maybe.