I am confident that, if my family depended on it, I would find a way over or under or around or thru any fence. (Of course, I still remember how to use C-4 plastic explosives, as well as “bangalore torpedos.”) Assuming that is mere bravado or over-confidence on my part, then a wall on the Mexican border might make sense.
However, if I was Nancy Pelosi, I would agree to spend $5 billion on The Wall . . . if the President agrees to raise taxes by $10 billion. By doing this, we could shrink the budget deficit by $5 billion and might even get some minor stimulative impact from building The Wall.
If I was Mitch McConnell and the Democrats wanted to spend $10 billion on some “investment in people,” I would agree . . . if they agreed to cut spending on some other program by $20 billion, thereby reducing the annual deficit by $10 billion.
In 2017, the government borrowed $568 billion. In 2018, it borrowed another $1.3 trillion. When will tax revenues increase from the Trump’s Supply-side tax cut as promised? I know, I know . . . it is too soon. That’s exactly what the Democrats say about increased domestic spending to stimulate the economy . . .
