Bonus Quotation of the Day…

by Don Boudreaux on August 31, 2020

in Budget Issues, Debt and Deficits, Other People's Money

… is from George Will’s most-recent column, titled “Biden needs a Sister Souljah moment”:

There is no “need” for revenue commensurate with the nation’s appetite for government spending because — disregard the polarization froth on the surface of our shallow political pond — the political class is united by this broad and durable consensus: Revenue scarcities shall never constrain spending as long as borrowing is possible, and what is considered possible shall never be influenced by moral qualms about mortgaging the futures of future Americans.


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