Archive for March 31st, 2015

A Simple Model for U.S. Spending Restraint


Tuesday March 31st, 2015   •   Posted by Craig Eyermann at 6:59am PST   •   1 Comment

Last week, we suggested that the U.S. government could “rather painlessly” pay down the national debt if it adopted a policy where it restrained the growth rate of government spending to be less than the growth rate of the nation’s GDP. Let’s take a closer look at how that might work in practice. Let’s...
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