re: SPENDING CUTS v. TAX CUTS
Neither of our political parties has seriously faced up to the problem of government spending.
... the heart of the problem. The root evil is that the government is engaged in activities in which it has no legitimate business. As long as the federal government acknowledges responsibility in a given social or economic field, its spending in that field cannot be substantially reduced.
The only way to curtail spending substantially, is to eliminate the programs on which excess spending is consumed. The government must begin to withdraw from a whole series of programs that are outside its constitutional mandate— from social welfare programs, education, public power, agriculture, public housing, urban renewal and all the other activities that can be better performed by lower levels of government or by private institutions or by individuals. I do not suggest that the federal government drop all of these programs overnight. But I do suggest that we establish, by law, a rigid timetable for a staged withdrawal. We might provide, for example, for a 10% spending reduction each year in all of the fields in which federal participation is undesirable. It is only through this kind of determined assault on the principle of unlimited government that American people will obtain relief from high taxes, and will start making progress toward regaining their freedom. And let us, by all means, remember the nation’s interest in reducing taxes and spending. The need for “economic growth” that we hear so much about these days will be achieved, not by the government harnessing the nation’s economic forces, but by emancipating them. By reducing taxes and spending we will not only return to the individual the means with which he can assert his freedom and dignity, but also guarantee to the nation the economic strength that will always be its ultimate defense against foreign foes.
Goldwater, Barry M. (2013-03-12). Conscience of a Conservative (Kindle Locations 715-717). Start Publishing LLC. Kindle Edition.
Goldwater, Barry M. (2013-03-12). Conscience of a Conservative (Kindle Locations 704-715). Start Publishing LLC. Kindle Edition.
Goldwater, Barry M. (2013-03-12). Conscience of a Conservative (Kindle Locations 701-703). Start Publishing LLC. Kindle Edition.
Goldwater, Barry M. (2013-03-12). Conscience of a Conservative (Kindle Location 699). Start Publishing LLC. Kindle Edition.
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