Monday, February 25, 2013

Are Spending Cuts Good Politics? - Chris Edwards - Townhall ...

Grover Cleveland says ?yes.?

Calvin Coolidge says ?yes.?

Chris Edwards says ?yes.? From Downsizing the Federal Government:?

Another myth is that policymakers cannot make budget cuts without a backlash from voters. Yet reform efforts in the 1990s did not lead to a voter rebuke. In 1996, the Republicans were denounced viciously when they were reforming welfare. But they stuck together and succeeded, and today the achievement is widely hailed. Also in the 1990s, the Republicans proposed reductions to many sensitive programs including Medicare, Medicaid, education, housing, and farm subsidies. In their budget plan for 1996, House Republicans voted to abolish more than 200 programs including whole departments and agencies.?

Chris Edwards

Chris Edwards

Chris Edwards is the director of tax policy studies at the Cato Institute, and editor of www.DownsizingGovernment.org. Before joining Cato, Edwards was a senior economist on the congressional Joint Economic Committee, a manager with PricewaterhouseCoopers, and an economist with the Tax Foundation.

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Source: http://townhall.com/columnists/chrisedwards/2013/02/24/are-spending-cuts-good-politics-n1519124

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