It is not uncommon for a parent being pestered by a child to purchase a toy to say something like, “Mommy can’t buy it because she didn’t bring enough money.” The hope is that the words “we can’t” will end the pestering faster than the words “we don’t want to.” The recent effort by Rep. Paul Ryan (R-Wis.) and other congressional Republicans to reduce or eli (...)
Four Myths about Government Spending
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