In response to:

Why Did Canada’s Economy Boom When the Burden of Spending Was Sharply Reduced?

Texas Chris Wrote: Mar 06, 2013 9:47 AM
"...more budget cutting..."? MORE? Bush ran deficits every year, 8 years running. So did Clinton. So did Reagan. Maybe we should TRY cutting, just once, just a little, and see what happens.

In this appearance on Canadian TV, I  debunk anti-sequester hysteria, pointing out that “automatic budget cuts” merely restrain government so that it grows $2.4 trillion over the next 10 years rather than $2.5 trillion.

I also point out that we shouldn’t worry about government employees getting a slight haircut since federal bureaucrats are overcompensated. Moreover, I warn that some agencies may deliberately try to inconvenience people in an attempt to extort more tax revenue.


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