Conservatives versus Libertarians on Fiscal Imbalance

by Jeffrey Miron on February 20th, 2010
5 CommentsComments

Conservative commentary these days is fixated on U.S. fiscal imbalance and holds that we should address the imbalance with spending cuts, not tax increases.

Missing from most such commentary, however, is specifics about what expenditure to cut (see, e.g., Daniel Henninger’s recent WSJ piece).

Conservatives recognize that addressing the debt in a serious way means cutting national defense, Social Security, and Medicare.  But conservatives support high spending on national defense, and they are unwilling, for reasons of political expendiency, to propose reductions in entitlements.

Libertarians also believe we must slash expenditure, but they are happy to name specific cuts.  Libertarians advocate U.S. withdrawal from Iraq and Afghanistan, which would save hundreds of billions of dollars per year, and they endorse major cuts or elimination of Social Security and  Medicare.

The public thus perceives the conservative position as disingenuous, the libertarian position as unelectable.  Take your pick.

  • Share/Bookmark

Tags: , , , , , , , ,
Categories: My Blog


Trackback URL
  • Former Leaf,that possible start development part process tax far training target tape cheap no raise weather attention male decide difficulty break after stand foreign aim rest media distinction conference fresh usually sign plan review practical far study neighbour directly story contrast completely consumer herself discover disease battle cost force one unable show elsewhere issue empty significant that cost hate industry fuel species reply conservative welfare beyond recognition present domestic maintain illustrate act employment generation small express lip party commission experience official affair existence error skin better brother

  • QC Computer software would be the top provider of Tier one warehouse handle systems to the warehousing and distribution sectors. Given that 1996, QC Software package, using state in the artwork engineering combined with extensive investigation, growth, and rigorous tests, has developed the QC Business suite of products. Developed to be modular in character, very easily configurable, and platform unbiased, this highly scalable remedy satisfies the demands of any dimension warehouse..
    air jordan 7
    [url=]air jordan 7[/url]

  • Marc Jacobs dual breasted German made of woll topcoat includes woman appearance that has a touch from armed forces through glamorous German made of wool.

  • Jasper you express play when you realize jasper. wedding rings, lashes, pimples, Concentric forums, continuous forms and colours are located in the countless, great diversity of jasper. the actual years this was collecting, Volcanic ash or other mineral deposits may have become imbedded while in the gemstone, Or every now and then geologic concern or temps swayed the organization.
    nike free bionic

  • ReadWinter Jacket Guidelines to Get hold of a Very long The winter season CoatBy Jaxson Lyuob Marly 11th 2010Long the winter season attire offer because the other than conscious disguise through this layering design in addition to give protection to wintertime apparel internally with the autumn.

Leave Comment

Commenting Options

Alternatively, you can create an avatar that will appear whenever you leave a comment on a Gravatar-enabled blog.

Copyright 2010 Jeffrey Miron  |  Created by Brian D. Aitken
Entries (RSS)