Government can't give us anything without depriving us of something else.
When your economy is not growing that fast, everybody's got to bite the bullet.
To cut the federal budget without cutting entitlements is like giving up chocolate-chip cookies and then deciding it's OK to eat the ones that don't have any nuts.
There was no avoiding the fact that we were going to hit our debt ceiling.
There is no real justification for a requirement that a budget of any sort should be balanced, except as a rallying point for those who seek to hamstring government.
Unlike the federal government, most states don't have the option of running a deficit.
I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I'm running into the tyranny of zero, which is where you can't reduce (the debt) any more
You can tax the rich all you want. The problem is there aren't enough of the rich.
In economics, one of the most important concepts is 'opportunity cost' - the idea that once you spend your money on something, you can't spend it again on something else.
