Let’s understand the argument about balancing the budget

March 18, 2014

 Let’s understand the argument about balancing the budget

When the Bush Administration took us to war in Iraq and Afghanistan, they decided not to pay for those wars with taxes. In fact they insisted on giving people tax breaks, including those for whom war taxes would not have affected their lifestyles. The well-understood consequence was that someone else would pay for the wars. At the time the talk was that the next generation would have to pay. Read the rest of this entry »