There's not really much of substance to take from blatant biased opinion reviews of public policy, you will accept or reject it purely based on how your views already align.
It's not at all surprising to me that reining in government spending in an economy that has had 4? Defaults over the past few decades will result in an improvement.
What I'm criticising is using Cato Institute's mouthpieces as an analysis of it, as if it were a model to be followed, and using this rather peculiar societal issue as a pillar to the ideas the think tank tries to push all the time, it's just blatant libertarian propaganda.
I do not understand who can read Cato's opinion pieces and believe it might have something substantial to be said, if you subscribe to libertarianism there are much better intellectual works to provide you arguments.
Got any examples?