The Cost Of Stimulation

Sometimes a short-term fix seems less uncomfortable or easier to accomplish. But what if it stood in the way of a long-term solution?

“To assure a sustained recovery, we must continue getting runaway spending under control to bring those deficits down. If we don’t, the recovery will be too short, unemployment will remain too high, and we will leave an unconscionable burden of national debt for our children. That we must not do.”

Ronald Reagan January 25, 1983 State Of The Union Address

The experts are always wrong on this stuff (“Well, we didn’t realize…” blah, blah, blah…), but one group will know the truth. Our children. They’ll know for certain if we traded expediency for growth.

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