tag:blogger.com,1999:blog-379856994574950364.post4372964259982711712..comments2023-08-25T08:45:09.672-04:00Comments on The Supply Side: Friday round up.Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-379856994574950364.post-54729904171930192332010-06-13T20:13:09.849-04:002010-06-13T20:13:09.849-04:00TSG-Sorry, I've been patient but your comments...TSG-Sorry, I've been patient but your comments have become distracting and unhelpful. Thoughtful comments on policy, even if they offer a counter perspective, are welcome and will be published. Insults and political attacks are a waste of time and will no longer appear on this page.Sean Rhttps://www.blogger.com/profile/12680088090385430339noreply@blogger.comtag:blogger.com,1999:blog-379856994574950364.post-5994634896794763192010-06-13T10:34:20.509-04:002010-06-13T10:34:20.509-04:00I totally agree with David Malpass on a stable cur...I totally agree with David Malpass on a stable currency and lower tax rates, but I believe the recommendations of lower government spending are misplaced. The important issue is to have government spend on the right things. The level of government spending should be dictated by government spending on what it does best.<br /><br />In truth when government takes over elements of the private sector, as Malpass demonstrates with small business, it does two very destructive things. First it crowds out private business and so contracts the private sector while expanding the cost of the public sector. The second is that reducing the private sector government reduces its tax base.<br /><br />Government intervention both increases the cost of government and reduces the source of revenue to cover costs.<br /><br />We should be calling for the government to divest itself of everything that can be done by the private sector. This will have a double benefit primarily to government itself. It will reduce government cost and increase government revenue. Progressives are their own worst enemies.Dick Foxhttp://www.meetup.com/Orlando-Supply-Side-Forum/noreply@blogger.com