…defense buildups, Johnson’s Great Society plus Vietnam, Clinton’s tax increases, etc. 2. Everyone increases spending (Republican legislators just barely) — Democrats significantly more than Republicans. 3. Only Democratic presidents have…

…be reduced as the economy grows, people with jobs pay taxes, and government spending that was used to supplement inadequate private spending can be cut back. Infrastructure spending provides that…

…the government cut spending. But that spending should have been paid for with tax hikes. Historically, when the government raises taxes during or shortly after a recession, the resulting expansion…

…to my next recommendation: in general try to think and talk about (balance-sheet) assets, and where appropriate money assets, not money. When thinking about spending, for instance, think of it as…

…consistent threats facing powers whose ambitions and security requirements are greater than their resource base can provide.” Those countries who allocate more resource on defense or war rather than balance…