Quoted:
What about debt? How does debt factor into this? It's been shown time and time again that lower taxes does not generally stop government. It just ups the debt.
Guess you need to elect politicians who won't borrow as much.
A co-equal failure of many 'budget hawk' types, is focusing on trying to limit credit availability under the belief it will reduce government spending...
You see this in people complaining about the Federal Reserve because 'it enables government spending' - which is false, the Fed enables credit economy-wide.... And any restrictions on that 'enabling' impact economy-wide (but hit government last)....
The problem is, artificially restricting credit crushes the private sector long before it impacts the government's ability to borrow.
Artificially limiting/reducing the amount of credit in the economy = BAD, and won't impact government one bit until after it's ruined everyone else....