Monday, December 06, 2010

Oh Boy

Heard on the radio today the Dems and Republicans are in talks about a budget deal that will, get this -- extend the Bush Era tax cuts to the top 2% AND extend unemployment benefits.

And we wonder why the tea party is so popular. This is why. Americans are rightfully worried about the debt. Just like they are worried about carrying credit card balances. We understand for every dollar borrowed, we are paying $1.20 to $1.40 in the future. Are deficits the end of the world? No. But we're so overextended right now and weren't tight when we had money, so now we're in a shit position. We are in danger of taking on waaaay too much.

I can't stand the Democrats who call out Republicans and Tea Partiers for being hypocrites because there was a lot of spending during the Bush Admin. Do they forget that we had a fiscal crisis in 2008 that totally changed the way we need to think about how we run our economy? It's as if that factor didn't matter. And extending the Bush Era tax cuts and worrying about the debt at the same time? I mean, jesus, you gotta pick a side if you're a conservative. What it is: tax cuts or cut the debt. One or the other. Make a choice.

No comments: