The Flinchum File

Thoughtful Economic Analysis and Existential Opinions
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Arithmetic Matters ?

I would like a tax cut.
Who doesn’t want more spending money in their pocket?

I would like Obamacare replaced with something “better,” as the President promised.
Who doesn’t want better health care?

I would like a stronger military forces.
Who doesn’t want stronger defense?

I would like a modern infrastructure.
Who doesn’t want better roads, bridges, port, airports, etc?

That’s a nice wish list that collides with the reality of
Have you been there lately — go now!

Keynesians don’t mind the increasing debt.
Supply-siders assume growth will always cover deficits.
Austrian or classical economists believe arithmetic matters.