Home > Uncategorized > Andrew Leonard – The return of “starve the beast” nonsense

Andrew Leonard – The return of “starve the beast” nonsense

From Salon:

The return of “starve the beast” nonsense

When will we learn that cutting taxes never prompts Congress to cut spending and always increases the deficit?

By Andrew Leonard

Back in 2001, President George W. Bush told reporters during a press conference that his first round of tax cuts weren’t just designed as a “fiscal stimulus.” They could also be thought of as a kind of “fiscal straitjacket for Congress.”

And that’s good for the taxpayers, and it’s incredibly positive news if you’re worried about a federal government that has been growing at a dramatic pace over the past eight years and it has been.

In other words, the tax cuts were an example of the classic “starve the beast” psychology — most often associated with GOP strategist Grover Norquist. By depriving the federal government of revenue, the tax cuts would encourage Congress to be more thrifty.

As everyone knows, Bush’s straitjacket restricted nothing. Bush’s tax cuts busted the budget, turned Clinton’s surplus into a deficit, and left the government unprepared to pay for war, recession or spiraling healthcare costs.

In fact, “starving the beast” has never worked […]

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