The predictable result has been more spending and more tax cuts. At some point, there will be a painful reckoning. Citizens will have to make trade-offs between tax-hikes and government benefits.

The predictable result has been more spending and more tax cuts. At some point, there will be a painful reckoning. Citizens will have to make trade-offs between tax-hikes and government benefits. https://t.co/csyO8vuNLI

— FEE (@feeonline) March 29, 2019