Posted by quoderat on Wednesday Nov 21, 2018

Nancy Pelosi, hoping to retake the reins as House Speaker, has pledged to revive so-called “Pay-Go” rules, requiring that any new federal spending be offset with tax hikes or budget cuts. No one who supports this should be Speaker; it’s a way of blocking Medicare for All and any climate change commitments without seeming to have done so. It’s also profoundly economically ignorant.