I.O.U.S.A by Wiggin Addison

Author:Wiggin, Addison [Wiggin, Addison]
Language: eng
Format: epub
Tags: History
ISBN: 9780470222775
Barnesnoble:
Goodreads: 2727322
Publisher: Wiley
Published: 2008-09-29T00:00:00+00:00

138 The

Interviews

conditions are very important say that we have to solve it solely on the spending side and that we should not do anything to increase revenues; in fact, we should even reduce tax rates. And others will look at the same set of facts and say that we shouldn ’ t reduce government expenditure; in fact, we should increase government programs and government expenditure and increase revenues to pay for that. I don ’ t think there ’ s any question that the reality lies in putting aside all ideology and making very practical trade - off judgments based on fact and analysis about the government programs — most of which are very important to our economy, national security, and all the rest — and also about the revenues to pay for them. And I think when you ’ re all fi nished, the conclusion that you ’ re going to reach is that you have to have serious spending discipline, you also have to make room for critical public investment, and we ’ re going to have to have increased revenues. And if we do all that, I think we can thrive for a long, long time economically and socially.

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