All Commentary
Wednesday, July 6, 2011

Business Roundtable Doesn’t Appear Serious about Deficit


“In short, there isn’t much of a constituency for deficit reduction. Sure, plenty of people and special-interest groups say that they are deeply worried about the deficit. But they are not lobbying for specific spending cuts or tax increases. They aren’t marshaling their resources to defend politicians who take tough stands, like President Obama’s 2009 Medicare cuts or Rand Paul’s proposed military cuts. Instead, many of the officially nonpartisan groups in Washington are even less fiscally responsible than the partisans.” (New York Times)

The constituency for shrinking government is shockingly small.

FEE Timely Classic
“Liberalism and Limited Government” by Israel M. Kirzner