TAXPAYERS FOR COMMON SENSE
Volume XVIII No. 38: September 20, 2013
Parents everywhere know that relenting to a temper tantrum just encourages bad behavior. With the government starting a new fiscal year October 1 and set to reach the debt ceiling shortly thereafter, the theatrics are in full display. Stomping their feet and holding their breath, policymakers are making all kinds of demands. But even if Congress manages to keep the government’s lights on and avoids having America’s checks bounce, we shouldn’t clap. By refusing to make any tough decisions to seriously rein in deficits they’ve put the country on a dangerous path towards another fiscal crisis.
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