How Will Uncle Sam Survive?

by Don Boudreaux on August 12, 2011

in Budget Issues, Other People's Money

Writing from London, George Will puts planned U.S.-government budget cuts in perspective:

The shrinkage of government is supposed to be more severe here [in the U.K.] than in America, where the supposedly “savage,” “draconian,” etc., cuts recently agreed to mean that for a decade Washington must scrape by on $43.7 trillion rather than $46.1 trillion. Really.

Those are cuts – should they actually occur (itself doubtful) – over each of the next ten years of, on average, $240 billion.

For such measly trimming of bloated and bloviating Uncle Sam we are subjected to an absurd orgy of sturm und drang.


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