Friday, February 1, 2008
I see that the Republican candidates for president all claim to be cut in the Reagan mold. They seem to think that is a good thing. Considering that Reagan doubled the national debt trying to follow a discredited economic theory (supply side economics, the trickle down theory). GW is trying to follow in Ronnie's footsteps and has doubled the national debt again. When are people going to understand that you can't cut taxes and increase spending and have a balanced budget. We can't support a major war effort and cut taxes. You can't have both ways. At least the "Tax and spend" Democrats are honest about it. You want to buy something, you have to pay for it.