Bad ideas lead to bad results

Bad ideas lead to bad results

A decision based on a false belief, will probably be a bad decision. Rep. Jay Obernolte (R., Calif.), a Budget Committee member, said the Republican plan would unquestionably put the country on a stronger fiscal footing. “If you have to pick between a higher-tax, higher-spending regime and a lower-tax, lower-spending regime, the latter is always better for economic growth,” he said. That belief may be common, but it is not supported by fact. Usi…