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#11 | |
Operations Operative
Join Date: Feb 2011
Posts: 495
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Quote:
Both parties have been deficit spenders. In the last 50 years, the worst were (in order) Reagan, GW Bush and GHW Bush. Obama will be right up there will these guys. http://en.wikipedia.org/wiki/Nationa...s_federal_debt What both Reagan and GHW Bush recognized was that tax increases were necessary to offset the impact of their deficit spending, at least to some degree. IMO, its unfortunate that the current Republican majority in the House is so unwilling to recognize that and spread the sacrifice. Personally, I think they are misreading the mandate they got last year, primarily as a result of Independent voters swinging their way. But those same Independents want compromise and shared sacrifice, not purely ideological cuts like many in the current budget resolution and their proposal for the future, including gutting Medicare completely. I guess we'll see as the battle heats up over the FY 12 budget and beyond. |
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