Wednesday, October 2, 2013

 What if We Had a Government Shutdown and Nobody Noticed or Cared?
What’s the likely outcome of the government shutdown fight?
Well, in my libertarian fantasy world, we leave it closed. Or at least we never bother to reopen counterproductive bureaucracies such as the Department of Education, Department of Agriculture, Department of Energy, Department of Housing and Urban Development, Department of Commerce, Department of Transportation, etc, etc.                                                                                                                                                                                                             I’d like to be more hopeful, but Republicans are probably too divided to prevail in this battle.
Which is a shame, because when they had more unity during the 1995 shutdown fight, they won a very important victory. Here’s what I wrote about that battle.
…they succeeded in dramatically reducing the growth of federal spending. They did not get everything they wanted, to be sure, but government spending grew by just 2.9 percent during the first four years of GOP control, helping to turn a $164 billion deficit in 1995 into a $126 billion surplus in 1999. And they enacted a big tax cut in 1997.
So let’s cross our fingers and hope for the best. But we’re relying on politicians, so prepare for the worst.

View Full Article

No comments: