Danger of Excessive Government Spending, as per James Madison

I was watching some alphabet soup news show, and one of the men says, "There are no economists out there that will tell you the government shouldn't spend money to jump start an ailing economy."

Really? Are they all Keynesian?

The problem is the government's excessive spending, excessive regulations, and excessive taxation. The solution is to cut spending, cut taxes, and back off regulations so that the free market can self-correct. That is how you do it. History proves it, and Scott Walker has shown that it works in Wisconsin.

Besides, with a government that spends like this one is, it is a one way road to an authoritarian tyranny. Just ask James Madison:

"If Congress can do whatever in their discretion can be done by money, and will promote the General Welfare, the Government is no longer a limited one, possessing enumerated powers, but an indefinite one, subject to particular exceptions." --James Madison, letter to Edmund Pendleton, 1792

-- Political Pistachio Conservative News and Commentary