Originally Posted by DenverBrit
What is this supposed to mean? What power did I dream about getting??
This is about fiscal policy, not some dumbass partisan bs.
No recession....especially one this bad, has ever turned around by cuts alone, it needs revenue as well. Romney, wanted to cut more revenue and increase defense spending that would add $7 trillion to the deficit, and he claimed he would balance it with closing unspecified tax loopholes.
That fairy tale was obvious bull**** to everyone but the rubes who thought he had the answer and voted for him.
It's basic economics, but the GOP/Tea Party ignore reality and focus on ideology.
I love how all federal spending is graded as prime Keynesian pump lubing necessary for growth. Except for defense spending. That has no effect obviously because nobody works for the military or military contractors.
If you believed your own theories you'd say "We can't AFFORD to cut defense spending"