A good op-ed piece appears in the NYT today by New York University law professor Daniel Sahviro. Far from shrinking the size of government, Bush’s tax cuts only fuel its growth. He writes:
“The growing federal debt is virtually certain to lead to offsetting tax increases down the road. Does anyone really believe that in 10 years, when Social Security and Medicare benefits are imminently threatened, Congress will not try to increase revenues to keep the benefits flowing a bit longer?”
This is a point that conservatives need to be re-taught over and over again. Tax cuts without the accompanying spending cuts do nothing to shrink the size and scope of the state.