Tuesday, May 23, 2006
A Surprise From Cato
Such a statement may sound like a 180-degree turn from conventional conservative thinking, but when viewed from the perspective of a free market, it makes perfect sense:
It is most implausible that reducing the tax burden of government spending on current voters would reduce the level of government spending that Congress would approve. In private markets, there is a consistent negative relation between the price of a good or service and the amount demanded.
$5 says that Grover Norquist won't sign up for this line of thinking.