In 1994, "The Contract with America" promised to:
Balance the Budget
Reduce spending and waste
Cut taxes
...in that order.
As a result, the spendthrift Democrats were shown the door, and the Republicans were swept into power.
As soon as the GOP abandoned fiscal conservat... more
In 1994, "The Contract with America" promised to:
Balance the Budget
Reduce spending and waste
Cut taxes
...in that order.
As a result, the spendthrift Democrats were shown the door, and the Republicans were swept into power.
As soon as the GOP abandoned fiscal conservatives they too were shown the door.
Fiscal conservatism wins elections.
Deficit spending during hard times only makes sense if we run surpluses in good times.
