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
Subscribe
  • Post a new comment

    Error

    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

  • 0 comments