In this Cato@Liberty post, Dan Mitchell writes about the Swiss, who have avoided governmental bloat with their debt-brake, which amounts to the same thing as a spending cap, Mitchell argues. In the piece, Mitchell quotes David Hogberg, whose IBD piece Mitch Kokai posted below.
Shouldn’t we adopt the same thing now? It would not hurt, just like going on a diet when you’re 500 pounds won’t hurt. But the damage has already been done.
