Monday, December 15, 2008

Republican Think Tank

Now that's an interesting idea. What in the world do they think about? How their heroes, the Bushes and Reagan, have quadrupled the budget deficit in a mere 20 years of governance?

When Reagan came to power in 1980 the deficit wasn't even a trillion dollars. "W" has done that in a year.

By 1992, when Clinton came unto office, it had ballooned to over $4 trillion. Under "W" it grew another $4 trillion to $10 trillion.

The unpaid obligations run up by Bush will add at least another trillion. And that doesn't count the unfunded programs like Social Security and Medicare which continue to balloon out of control. The Medicare Part D disaster which came in under Bush will add billions.

Oh yeah, what about tax reform and regulatory relief for small business?

Of course, the $10 trillion figure often used for the debt is as phony as Groucho Marx's glasses. The true debt under reasonable accounting standards is probably at least five times as high. Much of the difference is in unfunded Social Security and Medicare obligations resulting from benefit increases which were not offset by revenue increases.

Welcome to our world children. You must fund the programs we enjoyed in a global economy which will enjoy increasing population and declining resources.

Of course our "anti-government" Republicans are not content to take away our economic freedoms.They want government mandates to replace individual freedon in decisions about healthcare, religion, and speech.

What about the Democrats? Well they are complicit in out of control spending, but they don't preach about limited government and lower taxes, much less moral superiority (Can you say Larry Craig, Newt Gingrich, Bob Dole, Ted Stevens, Dennis Hastert, Tom Delay...?)

At least Republicans know the difference between Shiites's and Suni's. Woops. Hundreds of billions of dollars and thousands of lives to replace one with the other in Iraq. Welcome President Al Sadr.

What about healthcare, science, the economy, the environment, foreign relations...?

Nice stewardship "W".

Well, we elected a President who seems to have intellect and compassion. He seems to want to return government to the people. He seems to appreciate the role of science, the arts, and education in Americaan life. He has a plan to transform the economy and put us back on the path of world leadership.

Yes we can.

Lee

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