Deficit reduction

The promise of a smaller government is what won the election. Reckless government spending, rising deficits, and rising debt levels were inevitably followed by price increases. This is why the new administration’s conservative government agenda was voted into power. It’s always about economics.

Voters understood that the previous administration’s policies were slowing growth and inflating the economy. They knew their personal economic prospects were deteriorating and that increased indebtedness, aggressive government spending, and the money printed to pay for it were the cause of their livelihoods’ destruction. They also knew that another four years of the same policies would inevitably result in higher taxation.