Lesson 1 in Obamanomics: Debt doesn't really matter, your children and grandchildren will pay for it.
Indeed, attempting to raise taxes to lower the deficit is crazy. We should stick with the GOP plan which is to lower taxes, watch revenues drop, realize that nobody is going to vote for cuts in immensely popular programs like Medicare and Social Security because the elderly always vote in record numbers, and then blame Democrats. That has been a pretty effective strategy so far.
He had the house and senate for his first two years and didn't do either because of his own party. So bite me with the blame republicans crap
Not blaming Republicans. It's both parties' fault. It's just the Republicans nonstop crying about it is comical in relation to their desire to do anything about it when they're actually in charge. It makes me think the GOP doesn't really care about deficits, it cares about blaming liberals for things. Which is interesting. A bunch of do-nothings blaming everybody else for their problems. Sounds vaguely familiar...
You had the House, Senate and Presidency for 4 years in the 2000's, and the only Medicare bill anyone brought to the floor dramatically INCREASED the cost of that entitlement.
"Reagan proved that deficits don't matter". Dick Cheney, 2002. The Republican Party is concerned about deficits only as a boogyman election issue. When in power, they are totally unconcerned.
Every budget but one that Reagan put forth was lower than what was passed. Who is to blame for those larger budgets....
Democrats do not (typically) engage in the kind of demagoguery that, for example, Romney engaged in yesterday when he accused Santorum of "voting to raise the debt limit six times without demanding offsetting cuts in spending." Now I know and Romney knows and I assume that you know that raising the debt limit is a technical formality allowing us to pay our just debts, and has no effect on the actual deficit. But Romney also knows that a lot of the electorate do NOT know that, so he lays out this BS, preying on the ignorance of unsophisticated voters. The point is that the Republicans, in general, are blatant hypocrites on this issue, as on so many others.
