Arnold Williams (notebuyer) wrote,
Arnold Williams
notebuyer

Mitchell’s Golden Rule « International Liberty

Mitchell’s Golden Rule « International Liberty

The matter is fairly simple: if you want to cut the budget over time, hold your increases to less than the private sectors increases. That way, tax revenues will slowly increase, forcing you toward a balanced budget. Fairly painless.

Sadly, the strategy can only be done by grownups. Which rules out politicians.

Tags: politics
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