“173 despots would surely be as oppressive as one.” — Thomas Jefferson, 1787
Ten-year budget negotiations misdirect politicians, commentators, and voters. Politicians talk about saving in the future while they act to spend and inflate now.
Projecting spending is executive power. Even so, congressmen and presidents claim that it’s legal that they require that projections be made by a congressional budget office.
Any spending projections need to foretell politicians’ future actions as closely as p...
Published on September 28, 2025 21:01