Spending Cuts and Tax Cuts Should Be an All-of-the-Above Option, Not an Either-Or Choice

Spending Cuts and Tax Cuts Should Be an All-of-the-Above Option, Not an Either-Or Choice

I’m in Slovenia where I just finished indoctrinating educating a bunch of students on the importance of Mitchell’s Golden Rule as a means of restraining the burden of government spending.

And I emphasized that the fiscal problem in Europe is the size of government, not the fact that nations are having a hard time borrowing money. As explained in this video, spending is the disease and deficits are one of the symptoms.

This is also an issue in the United States,...