Steve Rattner Peddles Some Budget Deficit BS

President Donald Trump wants to cut taxes. Reasonable people can disagree whether this is a good idea and can also disagree on the merits of the specific priorities reiterated last week. But reasonable people also need to support their arguments with actual substance rather than platitudinous scare-mongering — especially when their argument includes dire warnings against the long-term consequences for the budget deficit. A recent article by former “car czar” and disgraced private equity investor Steven Rattner fails the test.