Summary: I wrote this Wall Street Journal Op-Ed at the request of Bob Bartley in 1983, during the heat of the battle over tax rates, budget deficits, and interest rates between President Reagan and the Congressional Democrats. You can download a PDF file of the Op-Ed by clicking on the image below or by clicking the following link. Download.
I hope that you enjoy the Op-Ed and welcome your comments.
Dr. John
Rutledge (1983). The Structural Deficit Myth. Wall Street Journal. Op-Ed.
19830804-Wall-Street-Journal.-The-Structural-Deficit-MythDownload