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Originally Posted by sob
What's amazing is that you blame only Republicans. According to CBO figures, 7 out of the 8 Reagan budgets would have been balanced if the Democrat-controlled Congress had been able to limit spending increases to 5%.
By the way, I dislike deficit spending in general. However, without it, we'd either speak German or Japanese, and we would have no interstate highway system.
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I blame the republicans because they're the ones pushing lower taxes with increased spending. They're the ones pushing trickledown economics which, aside from being appallingly elitist, is an ill-conceived economic theory which is doomed to failure before it's even put into practice.