'Starve the Beast' Doesn't Work

Christopher DeMuth, for many years president of the American Enterprise Institute, rejects the theory of 'Starve the beast':

It should be a matter of acute national embarrassment that our leaders can pretend to be redistributing from wealthy to average citizens when, in fact, they are redistributing in far greater measure from the young and unborn. Our rhetoric must teach that, although government borrowing is appropriate for certain purposes, the routine redistribution of wealth from future generations to ourselves is undemocratic, corrupting, and ultimately impoverishing. We don’t need to wait for a deadline or a crisis to take this intellectual leap.

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David Frum

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