Balance the Federal Budget

I have been for a balanced budget and deficit reduction since the Reagan era, and have written in support of that since 1991 or earlier. I tended to regard David Stockman’s budget approach as correct.

Suspending fiscal sanity in order to increase the military budget and end the cold war was Keynesianism on a Laffer scale and possibly excusable for one administration since it worked. Continuing it forever after was genuinely irresponsible; especially since the peace was destroyed and cold war resumed