The Next President Needs to Cut Spending

June 30, 2023

At a minimum, the national debt should be smaller than the size of the economy. A committed president just might be able to deliver.

by Veronique de Rugy Reason.com

Election season is getting into gear, and that means politicians of all stripes making promises about what they’ll do for the American people if elected or reelected. I’d like to hear promises to get government out of the way and allow entrepreneurship and market competition to spur genuine and sustainable economic growth, including in the energy and housing sectors.

This may be what America needs most, but I will settle for a promise to ensure that the national debt stays smaller than the size of the economy. A committed president just might be able to deliver.

I never thought I’d be happy with keeping the debt no higher than 100 percent of gross domestic product (GDP). I’m more of a “cut the hell out of all this everything” kind of girl.