Mises Daily
Author:
John P. Cochran
Online Publish Date:
In a previous Circle Bastiat post , I highlighted Rothbard’s recommendations for reducing deficits. The two major points were: 1. “While deficits are often inflationary and always pernicious, curing them by raising taxes is equivalent to curing an illness by shooting the patient.” 2. “Deficits, then, should be eliminated, but only by cutting