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A Thought on Liberalism vs. Supply-Side Conservatism

"Liberalism had flourished by making government spending the independent variable and taxes the dependent one: Give the people a cluster of attractive and successful social welfare programs, the logic went, and voters will accept the taxes required to support them. Supply-side conservatives tried to make taxes the independent variable and spending the dependent one: Give the people a cluster of appealing tax cuts and count on their attachment to them to set spending at the level defined by the resulting revenue stream." (emphasis in the original)

~ William Voegeli, "Never Enough: America's Limitless Welfare State," page 218

HT Barnes & Noble

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