On Conservatism

Republican Embarassments

By Victor Davis Hanson ● American Greatness ● 02/11/2018


Free-marketers are right that tax cuts stimulate economic growth that in turn lead to expanding production and eventually more federal tax revenue.

But the problem traditionally has been that to obtain tax reductions, Republicans also have had to sign on reluctantly to larger expenditures. Or, worse, they willingly believed they could spend more, simply because more money poured into the federal treasuries.

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