How to Control Entitlements: A Challenge Ike Did Not Face
Yesterday, I described President Eisenhower’s remarkable success in turning a large deficit in fiscal 1959 into a balanced budget in 1960. It was one of the biggest fiscal consolidations since World War II. Although it was a very different time, there are lessons relevant to today’s fiscal challenges. One is that a president need not [...]
Yesterday, I described President Eisenhower’s remarkable success in turning a large deficit in fiscal 1959 into a balanced budget in 1960. It was one of the biggest fiscal consolidations since World War II. Although it was a very different time, there are lessons relevant to today’s fiscal challenges. One is that a president need not [...]