LUSKIN RESPONDS

Donald Luskin responds to my post about deficits. Check it out. In my defense, I didn’t buy into the notion that there was some kind of scandal in the report not being included in the Bush budget. My concerns are primarily about the analysis in the report, which I haven’t seen debunked. Yes, it’s far more important to reform entitlement spending than to keep taxes stable – I’d prefer we means-tested social security and extended the retirement age rather than forgo tax cuts – but leaving the entitlement crunch intact and cutting taxes at the same time seems irresponsible to me. That’s my point.